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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