List Price
$150,000 + SAV
About the Business
Situated in high exposure and high foot-traffic at entrance Shopping Arcade with direct access to bus stop. This is a profitable business with strong and loyal customer base asian takeaway business and has the potential to grow a lot more in coming years based on the high demand for takeaways and service deliveries market.
Trading Hours
Tuesday – Sunday: 12:00pm – 3:00pm, 5:00pm – 9:00pm & closed on Mondays.
Employee
2 x Fulltime & 1 x Casual.
Lease
Lease commenced August 2023 with 3 years and expires in August 2026.
The current Lease has fixed 3% annual rent review and requires security deposit $11,924.
Current monthly rent: $2,832.25+GST, & monthly outgoings: $1,093.32+GST.
The large premises include approximately 80 sqm of lettable space, full new kitchen equipment, mechanical exhaust, Wok station, grease trap and storeroom.
Income
FY2023 Gross Profit: $196,805 & FY2022 Gross Profit: $177,104 plus averaging 14% cash sales.
Strengths & Potentials
✓ Situated in high exposure and high foot-traffic at entrance Shopping Arcade with direct access to bus stop.
✓ The business has a loyal local customer’s base that consistently coming back for takeaways and dinners.
✓ The premises has 20 seating inside and 8 undercover seating outside for dining in customers.
✓ The premises consists of new fitout, equipment, CCTV, air conditioning and staff parking provided.
✓ High Google Reviews rating and established business ready for new owner and nothing to spend.
✓ Would suit an owner operator looking for a profitable business to step into and starting earning +$150K.
Contact us today to seize this exceptional business opportunity before it’s gone!
