Price
$350,000 plus stock
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Illawarra and South Coast, Shoalhaven
Category
Food/Hospitality
Listing #
12465
Due to family death owner wants to sell urgently.
Solid 10 year established local repeat clientele, makes this business stand out from the rest.
Fully managed with no owner input showing a net return of over $200,000pa.
Up to-date financial available and owner willing to trial turnover at $22,000pw.
Reasonable long lease in place with 2 x 3 year option periods.
Full liquor licence with trading hours till 12 midnight.
Fully equipped kitchen with POS, alarm and camera surveillance system.
Return on investment in less than 2 years under full management.
A must to inspect, as it will not last at this price.
Asking Price: $350,000 plus stock.
For full details contact Guy Cooper.
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*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.
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