Highly Reputable Food Takeaway Business - $140K+ Profit P/A

5 days ago

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Internal Ref: 1909603

Summary

Urgent sale - all offers considered. A fantastic opportunity exists to acquire a profitable takeaway food business in Newington with 150+ glowing reviews and a strong local reputation.

Location Details

Set up in 2014 with a new fit-out and prime exterior location, the business services the growing population of Newington and Olympic Park and is well known in the community for its high-quality food and easy going atmosphere.

Skills

The business would suit a purchaser looking for a simple profitable business a family can run or someone with prior experience in small business as an owner operator. Save time and money by taking advantage of the strong established reputation the business has established over the years.

Hours

The shop is open 7 days a week with takeaway / pick up available through online ordering with Menulog/EatNow/UberEats.

Lease

Lease until 2022.

Employees

2x Owners
7x Staff
2x Casual delivery drivers

About the Business

This food takeaway opportunity has been thriving in its current position with exciting room for growth. The current owners comprise 40+ years of food business expertise which shows through the store's systems and procedures.

Included in the sale is a comprehensive handover with ongoing support/training to ensure a smooth transition. Additionally, high-grade equipment & supplies are included providing a turnkey purchase for any fortunate buyer.

Key Points:
- FY2017 the revenue for the business was $863,225 with an adjusted return to the owners of $142,806.
- Successful food takeaway business
- Situated in a bustling shopping centre location with seating for up to 60 patrons
- New fit out completed in 2014 includes a hot food bar and refrigerated glass display cabinets
- Popular food delivery services in place including Menulog and Uber Eats



For more information on this exciting food opportunity, please contact the undersigned:

Luke Musumeci
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0424 430 030 T: 1800 858 696 E: lmusumeci@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 1909603 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Food, Takeaway, Fish and chips, Online, Restaurant, Cafe, Coffee shop, Business for sale

History

Set up in 2014.

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