Location:
Thirroul 2515 > Regional NSW > New South Wales
Investment level:
$719,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
NORTH WOLLONGONG'S PREMIER CHICKEN SHOP Exceptional location | No direct competition | Includes fully renovated 3-bedroom unit This is a rare opportunity to acquire a well-es...
NORTH WOLLONGONG'S PREMIER CHICKEN SHOP
Exceptional location | No direct competition | Includes fully renovated 3-bedroom unit
This is a rare opportunity to acquire a well-established and highly profitable chicken shop in one of North Wollongong's most sought-after locations.
Positioned prominently on a high-profile corner site, the business benefits from excellent exposure, easy access and ample customer and owner parking, with virtually no direct competition in the immediate area.
KEY FEATURES
- Large 200 sqm premises
- Fully renovated 3-bedroom coastal unit included
- Unit can be retained for personal use or leased separately for approximately $800 per week
- Excellent corner position with outstanding exposure
- Plenty of customer parking
- Two large walk-in cool rooms
- Quality commercial equipment
- Extensive inventory included
- Dedicated office
- Fully fitted and ready for the new owner to continue trading
IMPRESSIVE TAKINGS
The business trades 7 days a week from 11:00am to 7:30pm and enjoys strong seasonal trading:
- Winter: approximately $40,000 per week
- Summer: in excess of $60,000 per week
The current owners have operated the business successfully and are now offering it for sale for the first time.
FAVOURABLE LEASE TERMS
A new long-term lease will be offered to the successful purchaser, with:
- Rent of $2,190 per week including GST and outgoings
- CPI increases only
BUSINESS EXPENSES
- COGS: approximately 37%
- Wages, including owner's drawings: approximately $9,190 per week
This is a highly attractive opportunity for an experienced operator or an investor seeking a well-established business with a strong trading history, excellent location and substantial premises.
All reasonable due diligence is welcomed following the signing of a Confidentiality Agreement.
Opportunities of this calibre and with this combination of business, premises and residential accommodation are rarely offered to the market.
Chris Minas Business Broker - NSW & Regional Sales
mobile : 0414 241 332
email : [email protected]
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