Takeaway - BBQ - Texas Style Smokehouse - BBQ - Smokehouse - Burgers - Strong Reputation -South Sydney - SFG1140
Takeaway - BBQ - Texas Style Smokehouse - BBQ - Smokehouse - Burgers - Strong Reputation -South Sydney - SFG1140
Industry :
Food/HospitalitySub Industry :
RestaurantTakeaway - BBQ - Texas Style Smokehouse - South Sydney - Agent SBX Code Number: SFG1140
BBQ Texas style smokehouse takeaway and restaurant. A local legend with a huge social media following and loyal clientele. With custom made rubs, marinades, and herb mixes, this BBQ style venue produces a sumptuous, melt in your mouth array of burgers, brisket, BBQ platters and even their own custom made hot dogs. 21,000 Tik Tok followers, and over 500 google reviews with an average rating of 4.4, evidence the popularity and reputation of this unique takeaway/diner. The business utilises an electric smoker which is largely set and forget operation with minimal usage of wood. Internally the store can seat around 20 patrons in a semi-rustic ambience with wooden bar table furniture. The unique recipes and techniques will be passed onto the incoming new owners. A great website with ecommerce facility is also included.
Potential
Further develop e-commerce and e-catering side of business. Can extend to 7 days.
Features
Well earned reputation. Ease of operation. Strong social media presence. Loyal clientele. Quality offering. Halal certified.
Premises
Cozy bbq smokehouse shop fit totalling 68 sq mts.
Location
Street front position near railway station in busy southern suburb of Sydney.
Trading Hours
6 days. - Tuesday to Saturday 12 noon to 10 pm. Sunday 12 noon to 9 pm.
Lease
Current lease through to March 2026 with no increases - 3 month bond. - Landlord has indicated a new lease will be granted to new owner on agreeable terms.
Employees
1 owner + 6 part-timers.
Comments
This highly regarded BBQ takeaway and casual diner represents a compelling opportunity for a new owner due to its reputation and limited competition. Operation is relatively simple with the creation of unique flavours and recipes fully developed by the innovative owner and able to be passed on to new ownership. - Misc.- 1 - sundry expenses. - All figures quoted are indicative only and potential purchasers are encouraged to make their own enquiries.
Figures
Weekly Sales $14500
Rent (ex GST) $895
Wages $4500
Profit $2890
Agent SBX Code Number: SFG1140 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
View other listings by this business
$230,000 + SAV
Enquire about this business
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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