Price
$500,000 + SAV
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Gold Coast Region, Gold Coast
Category
Food/Hospitality, Takeaway Food
Listing #
GC01066
Established in 1987 – current owner since 2007.
After nearly 20 years the owner is now ready to move on.
Trading 5.5 days per week with Hugh regular clientele base.
Fully staffed with 11 employees, handling all the cooking and service.
Owner input in admin and helping when required.
New lease on offer rental $5,000 per month, or you can buy the freehold as-well and be you own landlord.
Freehold comes with residential 2 bedroom apartment above with a weekly rental income of $450 pw or for you to live in.
Fully equipped kitchen and service counters newly renovated and upgraded.
Great profit margins of over $280,000 pa, after all expenses.
Priced to sell at below 2 x net profit.
Owner will trial turnover at $25,000 PW.
This business will be sold to the right hospitality operator.
Price Business only $500,000 ono Plus SAV
Freehold indicator price $1.3ml but only if sold with the business.
Inquire now for full details and arrange an inspection.
Baz Sanjakdar 0412 488008
REF: GC01066
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
To find out more, complete an online confidentiality agreement by clicking the button below.
Click the email alerts button to be notified of other businesses that may be of interest to you.
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
"*" indicates required fields
