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SoldOutstanding value Great Location Business in Sydney South right across the beach area

SELLING PRICE

$120,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 583
  • Price $120,000.00
  • Categories Food & beverage
    All food Businesses
    Cafes and take away food shops
    Fish Chips / Seafood
    Food/Hospitality
    Cafe/Coffee Shop
    Food/Beverage

Details

Very prominent Spot--Hard to miss location.

Right across busy South beach/bay area,

directly across beach side car park area.

Virtually no competition in the 1 km radius.

Simple menu with light cooking only, making it easy to operate. So easy that it is currently run by one lady owner only.

Currently selling burgers, fish & chips, milkshakes and the likes. No restriction on the menu, could easily add more items or change the concept as desired.

Coffee only just recently been added, great potential to build on the coffee sales. With this kind of location where ample parking available in the surrounding, it is a perfect foundation to build a reputation as a pit stop. To reap the reward from the busy morning and afternoon traffic.

Although the set up is more of a take-away, the premises has 8 seating inside and 10-12 alfresco seating outside.

Full commercial kitchen with cool room, walk-in freezer, grease trap and ventilation.

It comes with a 2 bedroom, 1 bath residence which has separate kitchen and a nice size backyard. This is currently being rented out for well under the market value, only $ 350 PW, a mate's rate for vendor's friend. The going rental rate for a 2 bed-house in the area is approximately $ 450-550 PW.

Excellent cash flow with $ 12,000 PW average revenue.

Long secured lease with 9 years remaining.

Potential to open for breakfast or extend the opening hours to later, if desired, to maximize the business.

Current owner originally bought the business for her daughter, who has since fallen pregnant and can not run the business anymore. She has then run the business on her own, but has decided that she would like to return to her previous field/ business.

Do not miss out on this great location !

Make your enquiry now 

before someone else snaps it up !

FOR FURTHER INFORMATION 

PLEASE CONTACT

Chris Minas

0414 241 332





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