Carvery & Takeaway with high profit margin, on the market first time ever, with

11 days ago

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Internal Ref: 2816

Summary

Located in Major Shopping in Coomera. Highest Growth area in S.E. QLD. Business Established over 10 years. 8 year Lease, 7 years remains. Opportunity to also offer outside Catering.

About the Business

Located in Major Shopping in Coomera. Highest Growth area in S.E. QLD.

Business Highlights:

- Annual Sales: $1.36 million or $26,000.00 + per week

- Trading Hours; 7 Days 8.00 to 6.00 pm. Mon. to Wednesday & Friday. 8.00 to 4.00 pm. Saturday. 10.00am to 4.00 pm Sunday.

- Support & Training; Vendor will provide whatever training is required to see the buyer makes an ongoing success of this unique business.

- Stock at Value: $6,000.00

- Business Established: over 10 years

- Shop Size: 72 sq. Metres plus seating outside

- Employees: 6 casual

- Competition / Market: No other competition in the Centre. Growing market, as the area is fastest growing

- Population centre in S.E. Queensland

- Lease Terms: 8 year Lease, 7 years remains.

- Leasehold Rent: $71,000.00 pa. or $1,365.00 per week. Being only 5% of Sales.

Brokers Comments; Great location and good rent being only 5% . Suggest time and effort be put into the Carvery being marketed on Social Media.
Potential; Unlimited.

Business Features:

- Sales at $26,000 + a week with many loyal customers.

- Opportunity to also offer outside Catering.

- NETT PROFIT 2018; $288,000.00

Price Reduced for Quick Sale: $440,000.00 + SAV. R.O.I. = 65%

For further information on this opportunity, please contact the undersigned:

Bruce Rylance

Business Broker

Benchmark Business Sales and Valuations

M: 0418 396 910 T: 1300 366 521 E: bruce.r@benchmarkbusiness.com.au

If you like to know more about the Business complete our online confidentiality agreement here: https://benchmarkbusiness.com.au/ca-form-2816

or go to www.benchmarkbusiness.com.au and use the reference number #2816 to search for the business.

Benchmark Business Sales and Valuations

The business images shown are for illustration purposes only and may not be an exact representation of the business.

Business Category: Food and Hospitality, Takeaway, Takeaway and Casual Dining

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