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Must Sell By Xmas Highly Profitable Takeaway Shop For Sale

Gold Coast, Queensland
Asking Price:
$69,000 (AUD)
Sales Revenue:
$566,511 (AUD)
Cash Flow:
$130,352 (AUD)

The owners have instructed to bring all offers to the table and they will be accepting one before Xmas.

If you like the business and the profit it currently achieves think of the growth it has not yet realised and the fact the owner’s health has made it an urgent sale.

This Gold Coast hinterland address is very popular with young families all looking for the numerous residential opportunities including new developments that enable them to live the Gold Coast lifestyle but afford their own home or lower rents.

The area has undergone recent rejuvenation and the shopping centre landlord has recognised this opportunity to renovate the shopping centre. The redevelopment is now completed and a new owner has a great covered dining area outside the lease shop area which can be utilised for more dine in options as well.

The cuisine is focused on Roast options with the most popular choices being, pork and chicken. These meals are traditional Australian and NZ comfort style food which is realising a new popularity due to the desire of people to use delivery services to bring their evening meals in.

The shop is well fitted with new POS digital register allowing a new owner great access to data to analyse their sales.

A great lease is available with the current tenants currently negotiating a new option on their lease which they are happy to have the new owner take control of.

With rent currently positioned at $37,200 +gst for the 62m2 floor space.

Net profit including paying another casual wage for one of the current owners removal is still sitting around 22%

With around 600 students at the neighbouring state school busy local families attending the school daily present a great customer base along with the numerous shoppers gathering groceries at the IGA anchor tenant for the centre.

This is a genuine urgent sale due to the health requirements. The first reasonable offer could snare a brilliant takeaway highly profitable yet still to realise its full potential.

Key Points
• High profit business with 22% net profit for single owner.
• Great residential location opposite a 600 student state school
• Great footfall centre with IGA supermarket attracting customers
• More residential developments continuing to be built
• Popular Gold Coast hinterland location for Gold Coast families

Call now to discover more about this business.

Property information

Real Estate:

Lease

Lease Terms:

Current option available for new owner to set suitable term.

Leasehold Rent:

$37,200 (AUD) per annum

Location:

Gold Coast Hinterland

Premises Details:

Situated in a recently renovated local shopping centre with a busy IGA as the anchor tenant.Opposite a busy state school of 600 students.

Size in square feet:
62sq metres

Business Operation

Expansion Potential:

Yes the business is currently not taking advantage of the delivery business explosion. This could be very successful given the traditional nature of roast dinner in Australian and New Zealand cultures which make up the majority of the local population.

Competition / Market:

Other takeaway within the centre but none offering roasts and full meals.

Reasons for selling:

Health Reasons

Trading hours:

Monday, Wednesday, Thursday, Friday, Saturday 10am – 8pm Sunday 10:30am – 7:30pm (Closed Tuesday)

Years established:
2006

Other Information

Support & training:

Yes owners willing to train owner and new staff

Contact Information

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