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6 Days Low Rent Charcoal Chicken in Melbourne's Bayside – Ref: 19857
Summary
Enjoying a position perfect location on a busy main road, this highly rated and super busy Charcoal Chicken business is the go to destination for locals wanting a quality takeaway.
Potential
Currently closed on Sundays and limited trading hours on Saturday, there is an immediate opportunity to increase sales by extending their trading hours. The Vendor also switches off Uber in the evening as they are often too busy to cope,and prefers to focus on in-person orders.
About the Business
This well-established charcoal chicken takeaway presents a unique opportunity for potential buyers seeking a profitable, popular, and low-maintenance business. The takeaway is renowned for its consistent success, boasting a Google rating of 4.6 and an Uber Eats rating of 4.9, alongside recognition as one of the top 5 chicken shops in Time Out magazine for the past two years.
KEY FEATURES INCLUDE:
Prime Location: Strategically located with excellent street exposure, contributing to a steady stream of foot traffic and in-person orders.
Menu Offering: While the business specializes in charcoal chicken, the menu also features a variety of popular items, such as salads, schnitzels, and gyros, catering to a diverse customer base.
Operating Hours: Currently trading Monday to Saturday from 11:00 AM to 8:00 PM on weekdays, and 4:00 PM to 8:00 PM on Saturdays. The business is closed on Sundays and offers limited Uber Eats hours during the day due to high in-store demand.
Staffing: The business operates with 2 full-time and 4 casual staff members (primarily juniors), allowing for smooth daily operations.
Financial Highlights:
Average Weekly Sales: $16,000+
Rent: $1,095.23 + GST per week, reflecting the prime location and value for money.
Profitability: The business is highly profitable with a loyal customer base, ensuring consistent revenue generation.
Growth Potential: Extended Uber Eats Hours: Currently, Uber Eats is switched off in the evening due to high in-store demand. There is an opportunity to extend these hours, capturing additional online orders and increasing revenue.
Sunday Trading: The business is closed on Sundays despite significant customer demand for evening meals. Opening on Sundays presents a clear opportunity to further increase sales and meet customer needs.
Ideal Buyer Profile:
Owner/Operator or Family Business: This business is well-suited for an owner-operator or family-run business looking for a profitable and easy-to-manage operation. No prior experience is necessary, as comprehensive training will be provided.
Strong Customer Base: The business enjoys a loyal following from local families and residents in nearby suburbs, ensuring a consistent level of trade and customer retention.
This opportunity represents a low-risk, high-reward investment with a solid reputation, loyal customers, and significant potential for growth. Interested parties have the chance to build on the existing success and further capitalize on the business’s popularity.
For further information, please contact Grita Angelucci.
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