Chicken And/or Fish & Chips, Gold Coast North, A1 Equipment, 491 Visa Possible! Some Vendor Finance!

Brisbane Region QLD Region, Queensland

SOLD

Key Features

AI generated. Contact seller to confirm.

  • A1 modern equipment included
  • 491 visa possible for purchaser
  • Some vendor finance available to suitable applicant
  • No franchise fees to pay
  • Rent increases fixed at 3% per annum
  • High-visibility location, trading 10:00am–9:00pm
  • Turnover: Not disclosed
  • Net Profit: $120,000 (owner-operator); $180,000 (working couple)
  • Rent/Lease: $5,933 per month + $722 outgoings + $180 promotions levy; lease expires February 2031; no options; 89m2
  • Stock Value: $10,000
  • Established: Not disclosed

Business Details

Business Category Restaurant

On offer is a quality "Chicken and Chip" fast food corporate store (NB - will need to be renamed. Put your own name on the door!)

Alternatively, the landlord has granted permission to incorporate or merge Fish and Chips into the business - your choice!!!

(Fish and Chips should work extremely well in this area given the population demographic)

Be your own boss - no franchise fees to pay!

Initial set-up cost was approx. $350,000. Asking only $95,000! BARGAIN!!!

Some vendor finance could be available to suitable applicant


SPECIFIC FEATURES INCLUDE:

Current Lease expires February 2031. This centre does not provide options.

Size is 89m2

Rent excluding G.S.T. is $5,933 per month + $722 per month Outgoings + 180 per month Promotions Levy

Rent Increases are fixed at a low 3% per annum

Rental bond is approx. 3 month's rent

Fit-out- Great, with adequate modern equipment needed to do the job with a high-volume fast-food chicken and chip business.

Training - Nil

Trading Hours vary between 10.00am - 9.00pm. Possible to extend - particularly in the evenings!

SAV approximately $10,000

Staffing -Manager + 8 casuals

Potential return to an Owner Operator is $120,000 EBIDTA (FY2025)
A working couple or family will realize good returns for their efforts, say $180,000 EBITDA

Incorporate Fish and Chips, and it could be higher!

Financials available


For more information, please contact:

Reg Butler XXXXXXXXXX
Glenn Robertson XXXXXXXXXX

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Contact Seller
Business Brokers Network Australia Business Brokers Network Australia
Reg Butler

Bsale ID: 678197