Burgers-Takeaway-Casual Dining-Under Management

For Sale

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Upper North Shore

Business Code: M2233

$450,000.00
+ Estimated Stock (SAV) $8000
Key Features: Well established. Local burger delights. 5 days with short trading hours. Under management. Long lease. High takings and profit. Well priced to sell.
State: NSW
Suburb: Wahroonga
Location: Main local shopping street front location opposite railway station and surrounded by residential and schools in affluent Upper North Shore.
Premises: Well presented shop with an area approx. 50 m2 plus outdoor seating area.
Price not disclosed

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Family and health reasons.

Sale Reason

2017

Established

Free street parking and large council free parking area at back.

Parking

Almost fully managed ( 1 owner only supervises the business 6 hours Fri. and Sat. evening trading ) -One chef / Manager + 4-5 staff

Employees

5 days - Wednesday to Sunday: 11 am to 3 pm + 5 pm to 8 pm. Monday and Tuesday closed. Public holidays closed and Xmas closed 2 weeks.

Trading Hours

5 + 5 year lease commenced 1st July 2021 - 3.5% annual increases. - 3 months rental bond.

Lease

Takeaway / casual dining serving a large selection of delicious beef burgers and chicken burgers, chips and kids meals packages etc. -Open kitchen. – 12 seats inside and 14 seats outside. High weekly takings include home delivery through Uber and Doordash. The business only trades 35 hours per week by shop staff.

Features

Well established. Local burger delights. 5 days with short trading hours. Under management. Long lease. High takings and profit. Well priced to sell.

Potential

Huge potential to open more days and hours to increase sales to $30,000- $35,000 p.w. expectedly. Add milkshakes and beverages.

Comments

The rent and outgoings include GST. Misc.- 1-Refers to general business expenses and GST. A unique and rare find. Great business for investors. Well priced to sell. Fast capital return. Do not miss out.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$25000
Cost of Goods
$8000
Gross Profit
$17000
Rent
$1587
Wages
$6600
Telephone
$20
Insurance
$100
Electricity
$250
Misc 1
$1500
Total Expenses
$10250
Estimated Stock
(Additional)
$8000
Net Profit
$6750
Price
$450,000.00
+ Estimated Stock (SAV) $8000
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