Ad ID: 70961 Inactive

Francesca’s Italian Kitchen for Sale Christchurch plus other

Francesca’s Italian Kitchen Investment Opportunity - Fully Managed - Serious Cashflow - Nationwide Expansion Opportunity

Location:
Asking:
$1,950,000
Expressions of Interest

Business for Sale Description

Francesca’s Italian Kitchen for Sale Christchurch plus other

Business Opportunity:

With both sites (Wanaka and Christchurch) experiencing year on year revenue growth and being fully booked throughout the year, FIK is ready to be taken to the next stage via national expansion or franchising. The owners wish to remain in the business but due to the running of several other successful hospitality sites throughout the South Island, they simply do not have the capacity to make this happen. A lot of time and effort has been placed on establishing systems and processes with nationwide growth in mind.

Business Strengths:                                              

  • Strong growth and profitability

• ‘Francesca’s’ Cookbook to be released on 1 November 2018 (Published by Penguin)

• Unbeatable systems and procedures

• High profile brand recognition • Excellent locations, fit-outs and lease terms

• Run by a strong team with limited input from ownership

• Ability to grow the brand by either Franchising or opening more outlets

• Quality and very affordable food offering

• Strong cash flow

• Highly rated by both Facebook and Trip Advisor

• Protected IP

• Ongoing investment in the brand story and resources

The Buyer:

An investor or group of investors who can identify the huge potential to expand the current setup by either opening additional outlets or setting up a Franchise model.

Business Resources

Reason for sale:

The current owners have worked exceptionally hard over the years to establish the restaurants and the brand but do not have the capacity to expand the operations further, as they are very tied up with other non-competing sites & projects they have started. They are very open to be involved in whatever capacity the new ownership structure deemed appropriate.

Price Expressions of Interest Invited

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