Tightly Held Strata Title & Operational Restaurant - Shoalhaven Business & Prope

15 days ago

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Summary

This strata title has been tightly held since 2006. With roughly 89sqm of Net Lettable Area, the premise features a simple, immaculately clean fit out ready to be transformed to your tastes. All ...

About the Business

This strata title has been tightly held since 2006. With roughly 89sqm of Net Lettable Area, the premise features a simple, immaculately clean fit out ready to be transformed to your tastes.

All approvals are in place to operate as a restaurant or café – currently trading as a profitable Chinese restaurant. The business included within the sale only trades for 24.5 hours per week, generating annual profit above $150K.

Worrigee Street is one of the area's only retail precincts, offering operators or investors the advantage of servicing a captured market. The area is surrounded with accommodation, retirement villages and caravan parks with limited competing businesses.

Key Features:
- NLA 89sqm
- Market Rent Apprx. $26,000.00
- Annual Sales $440,000.00+
- Annual Profit $150,000.00+
- Only Open 24hrs p/w
- Tourism Town
- Significant Growth Opportunities

This is an excellent opportunity to acquire a business & strata title demonstrated to attract trade, with abundant room to build on operations or transform the site.

MMJ Business Sales & Acquisitions provides businesses for sale in Sydney, Wollongong, Shellharbour, Kiama, The Shoalhaven, NSW South Coast and The Southern Highlands.

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