Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Five Dock
- State
- New South Wales
- Price
- $99,000
- Category
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Reduced Price for Quick Sales Chicken Shop Five Dock Region for sale $99,000
$99,000
Five Dock, New South Wales
Reduced Price for Quick Sales Chicken Shop Five Dock Region for sale $99,000
This chicken shop, situated in a prestigious area of Sydney, offers a lucrative opportunity for potential buyersHere are the key highlights
• Current weekly profits are approximately $4,250, with annual profits exceeding $260,000 for FY23, weekly sales average $14,000
• The current lease runs until April 2026, with an option to renew for another 3+3 years. The rent is $1,500 per week plus GST, with a 4% annual increase.
• The business has untapped catering potential, generating $22,000 in catering sales for FY24 without any marketing efforts.
• The shop is currently under management, with a systemized staff ensuring smooth operations.
• The shop is on a corner lot with maximum exposure and ample parking availability. It is also strategically located near schools, capturing after-school trade.
• The shop features a full commercial kitchen, two cool rooms, and seating capacity for 24 customers.
Business Links / Tools
Last updated: 23rd August 2024
Agency
Business Brokers Network
Contact
Sudip Dhakal
Business Brokers Network- 0421 4....
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