Listing status: Inactive

Payment not completed Reason: --

One of the highest Google Review rating Fried Chicken and Burgers in Lower North Shore

One of the highest Google Review rating Fried Chicken and Burgers in Lower North Shore

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Willoughby


Industry :
Food/Hospitality
Sub Industry :
Restaurant

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

-x

About the business

About the Business
The owner is moving overseas therefore unable to continue their business and would like someone takeover and provide the locals with a smorgasbord of yummy and memorable food that they had done in the past.
The charming interior of exposed bricks provide a relaxing and rustic feel that you just want to sit back enjoy your drinks or meals with friends and families.
* Before Covid Lockdown their monthly sales average is $50,300 per month.
* Last 6 months average monthly sales $21,900 per month.
Rent & Outgoings (incl. GST) $6,648.73 per month.
* Insurance & Utilities are around $600 per month.
* Lettable 90 sqm + 10 outdoor seating and amenities.
* All items are included in the sale as per the Equipment List.
* Full kitchen equipment including mechanical exhaust, grease trap, gas connection & 3 phase electrical load.
Trading Hours (reduced due to shortage of staff)
Monday -Tuesday: 5pm 8pm, Thursday Friday: 5pm 8pm,
Saturday 11am-2pm & 5pm-8pm, Wednesday & Sunday: Closed.

Employee
1 x Fulltime & 2 x Casual.
Lease
Lease is from March 2016 to February 2027 with an Option + 5 year.
Monthly Rent: $6648.73 including GST & fixed 4% increase each anniversary.
No Rent increase till next year.
Potentials
The new owner inherited it's highly rated Google Reviews.
Capitalise on the booming online delivery service providers which is currently making more that 20% of sales.
Increase trading hours to capture the busy morning foot traffic to schools, gym and bus commuters and continue evening trades for dine in customers.
Utilise the allowable outdoor seating to attract potential customers from traffic lights.
Bi-fold doors and windows to allow for maximise openness and bar feel enjoyment.
Kitchen layout and setup is capable running in the evening as a restaurant.
The business layout is flexible to run as a café, restaurant and bar or bakery.
Ideal for new owner wanting to live and work in the beautiful Lower North Shore area surrounded by schools, parks, supermarkets, Bunnings, and accessible to city.

profile
default

Talk to Brokers that know business

Business Brokers Network Australia is the largest Business Brokerage in Australia, with over 85 Business Brokers in all states of Australia in over 65 business locations.

Many BBNA Brokers are specialised in vertical markets, eg Medical, manufacturing, Accommodation, Legal, Hospitality etc. Many have spent years running or managing their own Businesses so have first hand knowledge on what makes businesses successful and unsuccessful. 

To talk about a business, you have to understand the business, know where the money is made, understand the processes, sytems and be able to understand the risk factors.

Understanding a business from the Owners point of view and being able to relate information about the business to the Buyer from his point of view, being factual and not embellishing the actual results is what we seek to achieve.

To have Certified Practicing Business Brokers that are also Registered Business Valuers, you have the opportunity to get excellent advice on how to increase the value of your business as a Seller or as a Buyer. This advice is also impatial, we see the mistakes that are made on a regular basis. You are free to use our advice or temper it with advice from your other advisors. Generally our advice is free in general areas or you can engage a Business Broker short term to use us as a sounding board to work with you on more specific requirements.

If you are a Buyer and are looking for a specific business and you have not found it on our website or others, we may be able to find the business that best suits you. Often we know of business that are not on the market, but we know that the Owner would sell if there is a qualified Buyer looking. 

email : admin@businessbrokersnetwork.com.au or Call 1300 33 18 14

View other listings by this business

$49,000

Enquire about this business

Get In Touch :

Buying Advice :

Similar Listings

Seller

Mr Potato Broad Beach - Franchise Business FOR SALE

Australia

0 Views

Serve fast, fresh, healthy, loaded potatoes with Mr Potato Broad Beach!

REVENUE

$0

PROFIT

$0

ASKING PRICE

$350000

ONGOING DEALS

0

Seller

Soul Burger Newtown: Profitable Restaurant for Sale in Prime Inner West Sydney Location

New South Wales,Australia

0 Views

Lead the fast food revolution with a profitable, established brand in the heart of Sydney's dining scene.

REVENUE

$0

PROFIT

$0

ASKING PRICE

$180000

ONGOING DEALS

0

Seller

Discover the Ultimate Franchise Opportunity with Brooklyn Depot: Quality, Support, and Success Await!

Queensland,Australia

0 Views

Franchise with Brooklyn Depot: American Flavours, Aussie Ingredients. 

REVENUE

Contact Advertiser

PROFIT

$0

ASKING PRICE

Contact Advertiser

ONGOING DEALS

0