Business Summary

This fast-food takeaway and Burger Restaurant is in a busy street of Blacktown along with other shops, cafes, retail and restaurants. Close to the train station  Opened in 2021 with over $240,000 set up cost,  this is a sought after turn key opportunity with low rent and plenty of room for future growth Loads of potential and a must to inspect! Selling Price $175K.
* 5 years lease expires Nov 2026, 3.5% increases, 4-month bond, 2 car spaces included and size of shop is 43 m2 plus exterior storage.
* Sales were averaging between $9,000 - $13,000 p.w. and was trading 5 Days from 12 noon to 8 pm 
* Great looking modern Burger Shop serving quality burgers and very popular with the locals
* Potential to open 7 days
* Low Rent at just $832 p.w. + GST includes Outgoings and rubbish
* Selling for less than set up cost and the business is fully equipped 
* Currently closed since October 2022 and no longer a going concern - GST may be payable which can be claimed back on the first BAS
* Business name not included however may be available by negotiation, suit any takeaway, burger or casual restaurant  
* Lots of new construction in the area 
* 30 seats outside and 12 seats inside 
* Fantastic opportunity and a very attractive business model - This business will benefit from a motivated new owner or couple 
* Was being run under management plus one full time, one part time and six to 8 casuals dash - Closed due to staffing issues and the owner is too busy with other businesses
* All equipment under warranty and an equipment list is available


Note: This business can provide sales reports, however it has only traded for 6 months - Vendor is motivated and looking for a quick sale! 

Cost to acquire
* Business: $175,000
* 4 months lease bond
* 1 month rental advance 
* Any legal fees for buying the business and lease transfer cost.

 

Listing ID: NSW10697

Broker: Jan Forsyth
Phone: +61 411 510 610
Email: [email protected]

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Ref: NSW10697
Timestamp: 20230221020036

Property Details