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DealProspect/Listings/Food & Beverage

El Jannah Franchise Opportunity, Greensborough

Takeaway

ActiveFood & BeverageVictoriaB2C
Asking price
~$1,307,488
indicative from comparable listings of this type and size · typically within ±30% · Forecast sales of approximately $80,000 per week · AUD
Revenue
$4,160,000
Indicative · Forecast sales of approximately $80,000 per week
Earnings (est.)
~$464,802
Estimated · comparable listings of this type and size · from broker forecast
Implied multiple (assumed)
~2.8×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Opportunity to open a brand-new El Jannah charcoal chicken restaurant in Greensborough, Melbourne's north
  • Site has been fully assessed and approved by the franchisor
  • 604 sqm site with excellent frontage, rear access and extensive nearby public parking
  • Secure 15-year lease with two further 10-year options
  • Landlord contributing toward the fit-out
  • Tightly held franchise network with very limited territories currently available
  • Strong surrounding catchment population supported by major retail, schools and household spending