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DealProspect/Listings/Hospitality & Tourism

Hunky Dory Franchise - Two Melbourne Stores

Takeaway

ActiveHospitality & TourismVictoriaB2C
Asking price
$1,400,000
Disclosed · AUD
Revenue
$4,160,000-$4,680,000
TTM
Net Profit
$500,000
Implied multiple
2.8×
asking / earnings
Brief
  • Two businesses, to be sold combined or separately
  • Both located in major Melbourne shopping centres
  • Regular loyal customer base
  • Secure leases with reasonable rentals
  • Operating fully under management by experienced long-standing employees
  • Both venues are fully licensed
  • Substantial seating internally and externally
  • All income fully declared on financials
  • Hunky Dory currently has 17 stores in Victoria with 6 further new stores opening
  • Royalty fee 7%, marketing fee 1%, training fee $12,000 + GST