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Accommodation attached Low Rent Fish and Chips in the East – Ref:10453
Internal Ref: B14601
Summary
This is an excellent high income and profitable business opportunity for sale - the business model is a fantastic lifestyle business and is very profitable.
Revenue
$440,000 pa
Rent
$72,000 pa
Location Details
This food village has an excellent location in the centre of the Pakenham business district right by the train station and playground.
Potential
There is still potential in this business as another large shed/garage can still be rented out and this business can be turned into a purely passive income business if the new owner(s) choose not to run the one food trailer and rent it out instead.
Skills
Easy to run business.
Hours
Village trading hours vary and tenants can set their own hours.
Lease
Lease of 3 years which commenced in December 2023.
Employees
3 Casual Staff
Reason for Sale
Retirement
About the Business
This is an excellent high income and profitable business opportunity for sale - the business model is a fantastic lifestyle business and is very profitable.
Chuck Wagon Food Village in Pakenham is now up for sale and is the perfect opportunity for an entrepreneur or someone looking for a fantastic lifestyle business.
This food village has an excellent location in the centre of the Pakenham business district right by the train station and playground. It is a very popular destination for people as groups can choose from various cuisines and all sit together to eat at common tables with a festival atmosphere or take food to go to eat at home or in the neighbouring playground.
The site is well set up and fully paved and concreted with toilet facilities for customers.
The owners have set up a very good business on this site, collecting rent from multiple food trailer/trucks and the shop that is on site. Rental income alone is approximately $179,000 per annum, with high net profit.
Additionally the owners run one of the food businesses themselves which generates a turnover of approx. $250,000 per year.
The site is rented at $72,000 per annum including GST with a lease of 3 years which commenced in December 2023.
This is truly a lifestyle business, as the current owner only works approx. 16 hours per week.
There is still potential in this business as another large shed/garage can still be rented out and this business can be turned into a purely passive income business if the new owner(s) choose not to run the one food trailer and rent it out instead.
Call today for more information and discussion about this awesome business opportunity.
For more information about this opportunity, contact Elle Likopoulos on 03 9566 7300 or Chris Panagiotidis on 0433 582 533
Ref: B14601
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