Newly Renovated Multi Income Convenience & Take Away Business

6 days ago

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Internal Ref: 2032953

Summary

Great Turnover for Mixed Use Business Situated in South Brisbane's Busiest Strip Shops Surrounded by strong residential area showing huge growth in population Sales in Excess $820,000 Per Annum

Location Details

Waller Road
Situated in the increasingly popular Waller Road Strip Shops. Busy Road close to Schools and a strong residential area. The area is showing great growth in population.

Potential

Potential to add to the ever popular takeaway business adding delivery service and also increasing the stock levels and look at adding Golden Casket.

Hours

Monday to Friday 7 am to 8 pm
Saturday - Sunday 7 am to 8 pm

Lease

Commencement 2015
Expiration 2020
Renewal Options 2 x 5 years
Rent $95,713.96 + GST PA
Rent Reviews Annually to CPI

Reason for Sale

Owners Husband has been offered works FIFO and would not be able to manage both.

About the Business

Set in one of South Brisbane's Busiest shopping Strips. This Multiple Income Business has sales exceeding $820,000 PA a great turnover for Mixed Use Business.

Surrounded by strong residential area showing huge growth in population, Waller Road Convenience Store and Takeaway is newly renovated and ideal for working owners and or bolt-on opportunity for the grocery business.

Chris Earle
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: 0400 696 275 T: 1800 858 696 E: cearle@mentored.com.au

For more details go to www.mentored.business and complete our online confidentiality agreement. Use the reference ID 2012576 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, nonrecurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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