Takeaway Food Business for Sale in Prime Location!
Takeaway Food Business for Sale in Prime Location!
Industry :
Food/HospitalitySub Industry :
Takeaway FoodTHIS BUSINESS HAS BEEN PRICED TO SELL - SO BE QUICK!!!
TAKEAWAY & BUBBLE TEA BUSINESS FOR SALE!
Ideally located right in front of a busy supermarket in Chatswood, this business enjoys a high volume of foot traffic. All Businesses in the centre do extremely well.
Currently, the shop offers a simple yet delectable menu of asian style sandwiches and bubble tea but it's location is suitable for a range of different concepts.
This well-established operation comes with an attractive rental rate of only $1583(gst included)
Owner invested over $200,000 in setting up the business, marking her first venture into the hospitality industry. Despite its current success, there is significant potential for growth and expansion under new ownership.
Key Financials:
Current turnover: $8,000
Cost of Goods: $3,416
Rent (inclusive of GST): $1,583
Staff wages: $946 + Owner working 6 days a week
Lease has 6 years remaning (1x5 years)
This business is an excellent opportunity for a motivated entrepreneur seeking to make their mark in the thriving food and beverage industry.
Benefit from a high-quality setup, a loyal customer base, and an excellent location, all while harnessing the opportunity to expand and develop this business further.
Don't miss this chance to capitalize on the existing success and growth potential of this exciting business venture.
Full training will be given to the buyer of required
Contact Steven Ung today on 0427 978 477 for more information
Please note: Information regarding this business for sale is confidential and staff do not know it is for sale; further details are only available to genuine buyers.
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$50,000
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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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