About the Business

The shop is situated in a great location which lies on the east of the Brisbane River nearby the University Of Queensland and many major governmental facilities. Apart from these major facilities, the area is predominantly residential, with some light industrial and commercial areas.

The business is long established and remunerative-proven with a cheap rent of $2,000 per week (inclusive of outgoing & GST etc.).

The business has been established for over 50 years and the present owner took over in September 2023. The owner has reluctantly decided to offload due to his unforeseen family commitment overseas.

This business is highly suitable for a family or partners.

The shop & kitchen are properly fitted & include an exceptional list of quality assets & inclusions.

Weekly income averaged $12k with peak season performance over $18K weekly. Factoring in the weekly wages, the rent and costs of good, the net income of this business to the owner is close to $200K pa. before his wage.

This is a prized business that is perfectly suitable for 188a visa applicants.

DISCLAIMER:
The information contained in this advertisement and any other material provided in connection with the sale of this business has been supplied by the seller and other sources deemed reliable. While every care has been taken to verify the accuracy of the information, Business Classifieds Pty Ltd ATF Business Classifieds Trust and its agents make no representations or warranties (express or implied) as to the accuracy, completeness, or currency of the information provided.

Prospective purchasers must make their own independent enquiries, investigations, and assessments and should seek professional advice from their accountant, solicitor, and/or other relevant advisors.

No reliance should be placed on any statement, forecast, or representation as to future matters, including profitability, performance, or growth potential, which are inherently subject to business, market, and economic risks.

Business Classifieds Pty Ltd ATF Business Classifieds Trust and its representatives do not accept liability for any loss, cost, or damage arising directly or indirectly from any decision made based on the information provided.

This advertisement and any other material provided in connection with the sale of this business does not constitute legal, financial, or business advice and is not a substitute for a full due diligence investigation. The sale of this business is subject to contract and the final approval of the seller.