High income and profitable take-away opportunity in one of the busiest shopping centre in Sydney.
$100,000 + SAV
About the Business
The venue is situated in a busy food court in one of the busiest shopping centre and ice rink in Sydney.
This is a well-established and profitable business and has the potential to grow a lot more in coming years based on the current major residential and commercial developments in the area.
7 Days: 10:00AM – 6:00PM
4 x Fulltime (Cook & Kitchenhand) 4 x Casuals (Cashier)
Lease commenced February 2017 with 8 years and expires in January 2025 however Owner will help seek a new lease from shopping centre.
Current monthly rent: $24,568.43+GST, marketing levy: $1,228.43+GST & outgoings: $1,383.98 with fixed 5% annual rent review.
Bank Guarantee of $89,050.00 but current Lessee has reduced Bank Guarantee $66,800.00.
Last 4 BAS – Sept ’22: $271,475. Dec ‘22: $279,300. March ‘23: $275,394. June ‘23: $447,422.
Strengths & Potentials
✓ Inside the Food Court of one of the busiest Shopping Centre and Ice Rink in Sydney.
✓ Last 4 BAS registered in excess of $1,273,591.00 sales and continue to grow more for take-aways market.
✓ This business comes with an excellent & well-known reputation high quality suppliers.
✓ Potential for growth and expansion, including delivery and catering services.
✓ Don’t miss out on this rare opportunity to secure a high income generated business with low expenses.
✓ This location offers high foot traffic, proximity to key amenities and plenty of parking – a perfect setting for success.
Contact us today to seize this exceptional business opportunity before it’s gone!
Property Code: 83