UNDER MANAGEMENT, SUCCESSFUL & PROFITABLE YIROS BUSINESS FOR SALE

8 days ago

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Internal Ref: BUY2408

Summary

A thriving fast food takeaway restaurant offering most iconic & authentic YIROS menu with Greek eats & traditional delicious Greek favourites.

Net Profit

$250,000 pa

About the Business

This successful, profitable and under management business was founded in early 2023 and since then it has evolved into a popular food destination for the locals and the neighbouring workers. This business offers takeaway and selling freshly greek salads, authentic greeks snacks and mouthwatering YIROS featuring lamb, chicken, and seafood etc.
The business is under management.

It is situated in a high foot traffic location with a reasonable rent of $1,340/week (inclusive) and a long 9 years lease. The business is managed by a team of reliable and experienced staff with two full time and five causal helpers taking wages of $3,500 weekly.

The business is also a favourite hotspot for catering service with averaged monthly income from catering of roughly $2,000.

Owner has been enjoying passive net profit of $250,000 pa. from this business and is reluctantly to offload but due to family overseas relocation reason.

This is a simple business and the seller is committed to offer a smooth handover with full post settlement training to ensure the new owner will continue its success and bring this business to the next level.

This business is perfect for the Visa 188A applicant.

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