Waterfront takeaway
$220,000 + stock
- SOLD SOLD SOLD SOLD
- 2 x working owners would make close to $200,000 per year - 106% return on investment!
- Iconic coast business, extremely well established – over 40 years
- Perfectly positioned on a busy main road with plenty off street parking
- Separate air-conditioned office, plenty additional space out back Previously an on-site residence, could easily be converted back
Established for over 40 years, this iconic takeaway food business ticks all the boxes. It is situated on a busy main road directly opposite a major recreation attraction that draws hundreds of people to the area. There is also a large residential community that surrounds them. With very limited competition in the vicinity, the closest competitor being 1.2kms away.
The current owners do not work in the business, so it is possible to run under management. The business is currently staffed by casuals with no actual manager on site.
Working owners could make an immediate improvement to the gross profit (currently only 44%) which would lead to increases on the bottom line.
Takeaway Food Business SOLD by Bizbrokers Business Sales