Takeaway - Burgers - Restaurant - Under Semi-Management - PM1078

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$149,000

Description

Takeaway / casual dining serving delicious burgers, wings, fries, thick milkshakes and kids meals packages etc. The takings include online platforms and dine in options. Full commercial kitchen. 15 seats inside and 15 seats outside. This tenancy is perfect and could be utilised for many takeaway / restaurant concepts other than the existing business although it is already achieving approx. 16k per week in sales.The current owner is stepping away for personal reasons and has priced the business for a quick, clean handover. Perfect opportunity to capture the upcoming spring/summer trade. Sales are increasing at the moment ! Hurry this won’t last. Motivated vendor.

Potential

Promote local marketing. Improve social media presence. Ideal for family business or a motivated owner operator to save on wages and increase the takings and profit. New school and apartments being built near by will bring more customers. Tweak the menu and add meal deals to increase the average spend.

Features

Perfect location. Local burger delights. Under semi management. A new and long lease. Great growing potential for a motivated owner full time operator. Could lend itself to many other takeaway / restaurant concepts.

Premises

Well presented and unique designed shop with an area approx. 40 m2 plus store room and outside seating area.

Location

Prime location in very busy shopping hub surrounded by many apartments buildings and public schools within a young and vibrant new community of Inner West area.

Trading Hours

7 days. - 10:30 am to 9:30 pm.

Lease

10 years lease (5 + 5) commenced June 2025. - 3% annual increases. - 3 months bond being $21,157.

Employees

One owner ( Part-time working around 15 hours per week ) plus 4 staff

Comments

Misc.- 1-average delivery commission charge. Current staff wages approx. $6000 per week due to the shop owner only working 15 hours p.w. due to health. The net profit shown is for a full time working owner operator saving on wages. A great growing business in a growing and vibrant residential area. A must to inspect. Please do not speak to anyone when visiting the business. Inspection must be through SBX business brokers.

SBX ID

PM1078

Figures
  • Takings: $15500/week (GST)
  • Cost of Goods: $4500
  • Gross Profit: $11000
  • Rent: $1626
  • Wages: $6000
  • Outgoings: $132
  • Telephone: $20
  • Insurance: $70
  • Electricity: $231
  • Gas: $244
  • Misc 1: $850
  • Total Expenses: $9173
  • Nett Profit: $1827
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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