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#Business ID: 37429

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Takeaway Burger Shop with long lease in Neutral Bay

Business Location: Sydney, NSW, Australia

Asking Price: AU$ 95,000 Revenue: not disclosed Cash Flow: not disclosed

Business Summary

Turnkey and ready to start trading. Set up cost over $200,000 build and fit out this takeaway burger shop. It is an easy to run business. Potential to add pizza, kebabs, ribs and fresh juice bar 

Holding fantastic main street location very close to a popular hotel in the Lower North Shore - Priced at $95,000 for a quick sale!!

Key Features of the business for sale
* Rent $882 p.w. plus gst, Lease outgoings $73 p.w. 
* Currently closed since Oct  2022 and no longer a going concern GST may be payable which can be claimed back on the first BAS
* Business name may not be included as they have other stores however can be available by negotiation. Would suit any takeaway, burger or casual dining restaurant  
* Currently closed, however past sales were approx. $11,000 p.w. This is a walk in walk out opportunity
* Long lease term from March 2021 - March 2026 +3 + 3-year options (exp in 2032), 3% annual increase, 3 Month Bond
* New fit out and set up cost was over $200,000 in March 2021 
* 20 seats inside and 12 outside seats 
* Was trading 7 nights 5 pm -10 pm   Potential to open for lunch  and longer hours 
* Obtain a liquor license (STA) 
* Big potential to introduce pizza, kebabs, ribs etc or any other takeaway concept 
*  Previously had home delivery including Uber and potential to promote catering  
* Surrounded by commercial offices, retail and residential buildings
* Some of the equipment is under warranty and an equipment list is available
* Partnership split and vendor moving overseas for health issues

 

This is a fantastic opportunity with loads of potential to a new owner operator or couple.

Listing Number: NSW10768

Broker: Jan Forsyth
?Phone: +61 411 510 610

Email: [email protected]

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis.

Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Kebabs Add Pizza Takeaway Neutral Bay North Shore Long lease Low rent
Ref: NSW10768
Timestamp: 20230224070038

Property Details

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