Summary
Profitable takeaway shop with 8 years of successful operation. Low rent: approx. $60,000 p.a. incl. outgoings & GST. Fully equipped kitchen and ready to operate. Selling due to other commitments.
Location Details
Near a university, 5 minutes’ drive from the city center
Surrounded by residential and office buildings
High foot traffic
Walking distance to the Olympic main stadium
Best location in the shopping center
No similar business nearby
Potential
It currently operates from Monday to Friday; opening on weekends would offer significant potential for further growth.The shop is within walking distance of the Olympic main stadium and is positioned in the best location within a shopping center. There is no other similar business in the area. Can continue operating the existing business or change to another cuisine, subject to landlord approval
Hours
Monday to Friday; 11am -7pm
Lease
There are 2 years remaining on the lease, with the option to negotiate a new lease with the landlord if required.
Reason for Sale
The owner is selling due to other business commitments and a lack of time to manage this business.
About the Business
This profitable takeaway restaurant has been operating for 8 years, with an excellent reputation and a stable customer base. It currently operates from Monday to Friday; opening on weekends would offer significant potential for further growth. The business is located near a university, only a 5-minute drive from the city center, and is surrounded by numerous residential buildings and office complexes, generating very high foot traffic.
The shop is within walking distance of the Olympic main stadium and is positioned in the best location within a shopping center. There is no other similar business in the area. The rent is very low—approximately 60,000 per year including rent, outgoings, and GST. You will not find another property in such a prime location at this rental level.
There are 2 years remaining on the lease, with the option to negotiate a new lease with the landlord if required. The kitchen is fully equipped and ready for immediate operation. The owner is selling due to other business commitments and a lack of time to manage this business.
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