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Food Village In Pakenham For Sale

Pakenham, Victoria, Australia
Asking Price:
$550,000 (AUD)
Sales Revenue:
$440,000 (AUD)
Cash Flow:
Available on request

This is an excellent, high-income, and profitable business opportunity for sale. The business model is a fantastic lifestyle business and is very profitable.

Chuck Wagon Food Village in Pakenham is now up for sale and is the perfect opportunity for an entrepreneur or someone looking for a fantastic lifestyle business.

This food village has an excellent location in the centre of the Pakenham business district, right by the train station and playground.

It is a very popular destination for people, as groups can choose from various cuisines and all sit together to eat at common tables with a festival atmosphere or take food to go to eat at home or in the neighbouring playground.

The site is well set up and fully paved and concreted, with toilet facilities for customers.

The owners have set up a very good business on this site, collecting rent from multiple food trailers and trucks and the shop that is on site. Rental income alone is approximately $179,000 per year, with a high net profit.

Additionally, the owners run one of the food businesses themselves, which generates a turnover of approximately . $250,000 per year.

The site is rented at $72,000 per annum including GST, with a lease of 3 years, which commenced in December 2023.

This is truly a lifestyle business, as the current owner only works approximately.

16 hours per week.

There is still potential in this business as another large shed/garage can still be rented out and this business can be turned into a purely passive income business if the new owner(s) choose not to run the one food trailer and rent it out instead.

Call today for more information and discussion about this awesome business opportunity.

If interested, please contact the seller through the form on this page.

An information package is available to all qualified buyers upon a non-disclosure agreement being executed.

Property Information

Real Estate:

Lease

Lease Terms:

Lease of 3 years which commenced in December 2023.

Leasehold Rent:

$72,000 (AUD) per annum

Location:

This food village has an excellent location in the centre of the Pakenham business district right by the train station and playground.

Premises Details:

The site is well set up and fully paved and concreted with toilet facilities for customers.

Business Operation

Expansion Potential:

There is still potential in this business as another large shed/garage can still be rented out and this business can be turned into a purely passive income business if the new owner(s) choose not to run the one food trailer and rent it out instead.

Reasons for selling:

Retirement

Trading hours:

Village trading hours vary and tenants can set their own hours.

Employees:
3 Casual Staff
Years established:
3

Other Information

Support & training:

Easy to run business.