!

Mexican Restaurants Melbourne | Award winning | Licensed Under Management

SELLING PRICE

$599,000.00

LISTING AGENT

Sam Razzak

OVERVIEW

  • Listing ID 1196
  • Price $599,000.00
  • Categories Restaurant

Details

Business for Sale in Victoria - Mexican Restaurant for sale/ Investment - Inner City Melbourne Suburb

**ON OFFER**

Award Winning

Quick, Fast, Fresh & healthy Food

Primed for franchise model

6000+ Social Media Followers

Licensed Fully Under Management

Ride the Mexican Wave in Australia

Two very popular licensed Mexican restaurants for sale in two Inner Melbourne suburbs. It was one of the first restaurants in Melbourne to bring fresh & healthy Mexican food to Melbourne. Both of them are known as the best 'Burrito Joint' in their neighborhoods. A number of their dishes have won awards. It is currently run under full management and has everything set up for the new owner or an investor to capitalize on.

Combined Weekly Sales $45,613 (As per BAS)

Combined Weekly Rent $3,924 (ex GST)

SHOP 1 - INNER EAST MELBOURNE SUBURB

Average Weekly Takings $18,287 

Average Weekly Rent $1724 (Ex GST)

Yearly rental increase freeze for two years

SHOP 2 - INNER SOUTH EAST MELBOURNE SUBURB

Average Weekly Takings $27,326 

Average Weekly Rent $2,500 (Ex GST)

Monthly $1000 rent reduction for new buyer with only 3% increase

* Phenomenal double-digit adjusted net profit growth YOY

* SUPERB RENTAL terms negotiated by landlord

* Huge potential

* Short opening hours

* Great social media presence with over 6000+ followers

* Well known and popular 

* Fully licensed

* Kitchen and store is designed for optimal performance, full operational manual is available

* Highly primed for franchise model

* Owner is willing to help astute buyers with franchising 

* Fully under management, staff are crossed skilled, no dedicated chef is required

* Easy operation, anyone can learn to cook within couple days of training


_

***EXCLUSIVELY LISTED WITH NETWORK INFINITY***

Contact Sam now for more information on this exclusive business

0427 836 110


Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products. 




Share this listing

ADDITIONAL INFORMATION

Copyright © 2019 - NetworkInfinity | Developed by WME