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Established Takeaway Food Cafe in Busy Inner-City Surry Hills

Food , Food, Hospitality And Accommodation, Sales below $1m, Cafes And Restaurants

Surry Hills, NSW 23 Views

Asking Price $35,000 for 100 %

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SALE OR INVESTMENT DETAILS

  • $5,000 Stock at Cost
  • $280,000 Gross Sales per annum
  • $78,000 Profit (Normalised EBITDA)
  • Yes Finance Available (subject to approval)

Reference ID: 20726056

Highlights

  • Established Takeaway Food Cafe in Busy Inner-City Surry Hills
  • Excellent corner location

  • All fixtures, fittings and equipment included
  • Near-new fit-out with internal and external seating for patrons

Executive Summary

A fully-equipped and simple to run fast food takeaway business for sale. It is open for lunch and dinner and does a steady trade throughout the day, specialising in American-style food.


Location Details

Established in 2015, the business is situated in corner premises in Surry Hills, close to the citys CBD. It has also got a bus stop right on its doorstep, ensuring excellent foot traffic.


Potential

The business would suit any buyer looking for a business that they can pick up at a low cost and operate to maximise revenue and profitability.


Skills

The business has a relatively simple lunch/all day menu with dishes that do not require any special skills to put together proficiently. The owner works full time in the business and is supported by a small team across the week.


Hours

Monday to Saturday 10:30am – 9:00pm 

Sunday 11:30am to 8:00pm


Employees

3 x Casual staff members 

1 x Full-Time Owner

About the Business

The shop has a prime corner location with excellent visibility and a service window directly onto the street, as well as a larger service counter inside the store. While primarily a takeaway business, the shop does offer internal and external seating for approx. 26 patrons in total.


Key facts about this business:

- Excellent corner location

- Near-new fit-out with internal and external seating for patrons

- American-style takeaway business

- Opportunity to extend opening hours

- Wide range of food on the menu

- Simple food preparations

- All fixtures, fittings and equipment included - a list can be provided at due diligence

- Business is offered at a bargain price for a buyer to maximise profits on a modest investment


For more information on this opportunity, please contact the undersigned:


Sudip Dhakal

Business Sales Specialist

Mentored Business Sales, Corporate Business Sales & Acquisitions 

M: 0421 460 335 T: 1800 858 696 E: sdhakal@mentored.com.au


Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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