Takeaway- BBQ Chicken – Burgers & Chips

For Sale

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South Sydney

Business Code: M2267

$280,000
+ Estimated Stock (SAV) $5000
Key Features: High visible location. Long established for many years. Well known to locals. The best burgers and chips in town. Long lease with low rent. Stable income and good profit. Great growth potential.
State: NSW
Suburb: Mortdale
Location: Excellent corner location in shopping street and one step away to railway and bus station of South Sydney suburb.
Premises: Well presented shop with an area approx. 90 sqm including cool room and large storage area.
Price not disclosed

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Retirement after 22 years.

Sale Reason

No year data

Established

Plenty of off street parking

Parking

2 owners plus 1 casual

Employees

7 days - Monday to Saturday: 10 am to 9:30 pm. Sunday: 10 a.m to 7:30 pm.

Trading Hours

15 years lease commenced July 2021-. CPI annual increases. -3 months rental bond.

Lease

Takeaway mainly selling tasty beef and chicken burgers and chips, also sells BBQ chickens, steak sandwiches and soft drinks etc. Average weekly sales of 450 burgers with takings around $6300 ( average $14 per burger ), 105 bags of chips with takings around $6900. The total weekly takings includes around $2000 net sales of home delivery by Uber etc. online ordered. -10 seats

Features

High visible location. Long established for many years. Well known to locals. The best burgers and chips in town. Long lease with low rent. Stable income and good profit. Great growth potential.

Potential

Promote local market. Add salads using cool bar in the shop. Increase hot food sales. Add coffee for morning trading. Ideal for family business.

Comments

The outgoings only pays water rates around $600 per quarter. - First time on market for 22 years. A good buy opportunity. All figures can be reviewed at the meeting. All inspections must be through SBX business brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$16000
Cost of Goods
$5600
Gross Profit
$10400
Rent
$1350
Wages
$500
Telephone
$20
Insurance
$34
Electricity
$310
Misc 1
$100
Total Expenses
$2420
Estimated Stock
(Additional)
$5000
Net Profit
$7980
Price
$280,000
+ Estimated Stock (SAV) $5000
Price
$280,000
+ Estimated Stock (SAV) $5000
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