back to search

$89k Net Under Management – Waterfront takeaway

SOLD

Maroochydore, Queensland

$89k Net Under Management – Waterfront takeaway

- PRICE REDUCED for immediate sale
- 2 x working owners would make close to $200,000 per year
- Iconic coast business, extremely well established – over 40 years
- Perfectly positioned on a busy main road with plenty off street parking
- Separate air-conditioned office, plenty additional space out back Previously an on-site residence, could easily be converted back


Established for over 40 years, this iconic takeaway food business ticks all the boxes. It is situated on a busy main road directly opposite a major recreation attraction that draws hundreds of people to the area. There is also a large residential community that surrounds them. With very limited competition in the vicinity, the closest competitor being 1.2kms away.

The current owners do not work in the business, so it is possible to run under management. The business is currently staffed by casuals with no actual manager on site.

Working owners could make an immediate improvement to the gross profit (currently only 44%) which would lead to increases on the bottom line.

Business Links / Tools

Last updated: 22nd September 2014

Summary

Property Type
Business
Contract Type
Sold
Location
 Maroochydore
State
 Queensland
Price
SOLD
Category
  • Food/Beverage
  • Takeaway Food

Click to share

Agency

Bizbrokers Business Sales

Contact

Bizbrokers Business Sales
Natalee Nancarrow

Subscribe and be notified of updates

Join Newsletter


First
Last
*
*
Please fill the text in this image in the field below to assist us in eliminating spam