Since its inception in 2020, the business has built its reputation as an excellent provider of American comfort cuisine. It demonstrates excellent sales stability with a balance of sales from dine-in and takeaway sales, taking $40,000 per month and securing $120,000 to $130,000 net profit annually.
The business operates along a major retail strip surrounded by numerous retail outlets and other food establishments. Its location features a wide pedestrian area and ample parking space through several car parks.
Assets estimated at $30,000 to $40,000 are included in the sale. Sufficient resources ensure business continuity, reduce transitional risks and eliminate the need for substantial capital expenditures post-settlement. Core plant and equipment comprises a meat mincer, multiple fridges, a security camera, dining furniture, grills and a bar.
Its 80 sqm premises have a fully-equipped kitchen and an indoor dining area for 20 guests. The business has an outdoor seating license, offering 16 additional on-street seats.
The business has two owners, one is a former owner-operator who oversees management and the other is an absentee owner. Currently, four staff members fully manage daily food preparation and front-of-the-house duties.
Overall, the business presents a fully managed, turnkey business in a sought-after location with a significant potential for an owner-operator to increase operational efficiency and strengthen profitability.
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
