Extremely Busy Area!
Owner/Operator – Net Profit $110,000 pa
– Established two years in extremely high growth area on the Gold Coast
– Prime location in business and university hub – plenty of foot traffic
– 3 year lease with 5 + 5 year options
– Quality shop fit with first-class equipment
– Excellent systems and procedures in place
– Easy to operate POS
– Great staff in place – owners work a nine day fortnight
– Would accommodate any food type
– Extremely strong cash business
– Average weekly turnover $8,000 to $9,000
– $5,500 total weekly expenses – including wages, rent, utilities and stock
– Would suit husband and wife team or owner/operator with takeaway food experience
– Owners will welcome cash trial
– This business must be sold – owners have made other commitments!
Asking price is $120,000 + SAV (3k approx)
For full details contact Myron Plumb on the above numbers.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.