Price Range: from $200 to $2,500,000
Land Area Range: from 10 m2 to 1,000 m2
Other Features
  • 11 months ago
  • 442 views

High income and profitable take-away opportunity in one of the busiest shopping centres in Newcastle.

$350,000

Description

List Price

$350,000 + SAV

About the Business

This takeaway business situated in high exposure and high foot-traffic of the Shopping Centre with direct access to car park This is a profitable business and high income generated Chinese takeaway business and has the potential to grow a lot more in coming years based on the high demand for takeaways and deliveries market.

Trading Hours
7 Days: 10:30 AM – 8:45 PM

Employee
4 x Fulltime

Lease
Lease commenced September 2021 and expires in September 2024 however Owner will help seek a new lease from shopping centre.

Current monthly rent: $10,087.37+GST, marketing levy: $403.49+GST & outgoings: $1,048.55+GST with fixed 3.5% annual rent review.

Bank Guarantee of 3 months rent, lessee’s contribution & marketing levy + GST.

Income

Recent BAS Sales; Sept ’22: $264,069. Dec ‘22: $273,292. March ‘23: $277,172. June ‘23: $311,326.

FY2023 Gross Profit: $638,074.03.

Strengths & Potentials

✓ Situated in high exposure and high foot-traffic of the Shopping Centre with direct access to car park.

✓ Last 4 BAS registered in excess of $1,125,859.00 sales and continue to grow more for take-aways market.

✓ Average weekly taking easily over $20,000 per week with strong and consistent sales throughout the year.

✓ Potential for growth and expansion, including the option to add delivery and catering services.

✓ Newly established with brand new kitchen and fitout there nothing to spend.

✓ Would suit an owner operator looking for a profitable business to step into and starting earning.

Contact us today to seize this exceptional business opportunity before it’s gone!

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale.
THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BYANYONE ON HIS/HER BEHALF.

Overview

  • Address Newcastle
  • Country Australia

Details

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