Sydney | Asking Price: $349,500 + SAV
An established and profitable food business generating approximately $840,000 in annual gross sales, with an adjusted owner-operator return of approximately $215,000.
The business has traded successfully for more than eight years and offers a proven operating platform with documented recipes, established systems, trained staff and a loyal customer base already in place.
It currently trades seven lunch services each week and only one dinner service, providing strong earnings without the usual seven-night restaurant lifestyle.
Why This Business Stands Out?
- Approx. $840,000 annual gross sales including GST
- Approx. $215,000 adjusted owneroperator return
- Established for more than eight years
- Strong gross profit margin
- Food costs of approximately 25%
- Trained and experienced team
- Documented recipes and operating systems
- Seven lunch services and only one dinner service
- Dinein, takeaway and delivery income
- Long lease available
- Suitable for an owneroperator, couple or experienced family team
The business is already established, staffed and producing profit. An incoming operator is not starting from scratch or spending heavily to develop an untested concept.
It may particularly suit an experienced Vietnamese or Southeast Asian food operator, chef, couple or family team looking for an established business they can operate immediately while gradually introducing their own ideas and experience.
The kitchen, systems, staff and customer base provide a strong foundation for an operator who understands high-volume casual food and wants to build on an already profitable business.
At the asking price, the business is being offered at approximately 1.6 times the stated adjusted owner-operator return, representing compelling value compared with the cost and risk of establishing a new venue.
Financial information is available to qualified buyers and all figures are subject to verification during due diligence.
Enquire with Olivia Casson | Hospitality Business Broker | Sydney
Please note: For confidentiality, the image used in this advertisement is generic and is not of the actual business.
