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North Wollongong Best Location No Competition Great Lease Very High Takings For Sale

Thirroul, New South Wales, Australia
Asking Price:
$719,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

NORTH WOLLONGONG'S PREMIER CHICKEN SHOP

Exceptional location | No direct competition | Includes fully renovated 3-bedroom unit

This is a rare opportunity to acquire a well-established and highly profitable chicken shop in one of North Wollongong's most sought-after locations.

Positioned prominently on a high-profile corner site, the business benefits from excellent exposure, easy access and ample customer and owner parking, with virtually no direct competition in the immediate area.

KEY FEATURES

- Large 200 sqm premises

- Fully renovated 3-bedroom coastal unit included

- Unit can be retained for personal use or leased separately for approximately $800 per week

- Excellent corner position with outstanding exposure

- Plenty of customer parking

- Two large walk-in cool rooms

- Quality commercial equipment

- Extensive inventory included

- Dedicated office

- Fully fitted and ready for the new owner to continue trading

IMPRESSIVE TAKINGS

The business trades 7 days a week from 11:00am to 7:30pm and enjoys strong seasonal trading:
- Winter: approximately $40,000 per week

- Summer: in excess of $60,000 per week

The current owners have operated the business successfully and are now offering it for sale for the first time.

FAVOURABLE LEASE TERMS

A new long-term lease will be offered to the successful purchaser, with:
- Rent of $2,190 per week including GST and outgoings

- CPI increases only

BUSINESS EXPENSES

- COGS: approximately 37%

- Wages, including owner's drawings: approximately $9,190 per week

This is a highly attractive opportunity for an experienced operator or an investor seeking a well-established business with a strong trading history, excellent location and substantial premises.

All reasonable due diligence is welcomed following the signing of a Confidentiality Agreement.

Opportunities of this calibre and with this combination of business, premises and residential accommodation are rarely offered to the market.