North Wollongong Best Location No Competition Great Lease Very High Takings
Thirroul, New South Wales 2515
$719,000
Key Features
AI generated. Contact seller to confirm.
- Large 200 sqm premises on a prominent corner site
- Fully renovated three-bedroom coastal unit included
- Virtually no direct competition in immediate area
- Two large walk-in cool rooms and quality commercial equipment
- Ample customer and owner parking
- Fully fitted operation with extensive inventory included
- Turnover: $Winter: approximately $40,000 per week; Summer: in excess of $60,000 per week
- Rent/Lease: $2,190 per week including GST and outgoings; new long-term lease offered; CPI increases only
- Stock Value: Included
- Established: Well-established; current owners have operated the business successfully
Business Details
Business Category Restaurant
NORTH WOLLONGONG'S PREMIER CHICKEN SHOP
Exceptional location | No direct competition | Includes fully renovated 3-bedroom unit
This is a rare opportunity to acquire a well-established and highly profitable chicken shop in one of North Wollongong's most sought-after locations.
Positioned prominently on a high-profile corner site, the business benefits from excellent exposure, easy access and ample customer and owner parking, with virtually no direct competition in the immediate area.
KEY FEATURES
- Large 200 sqm premises
- Fully renovated 3-bedroom coastal unit included
- Excellent corner position with outstanding exposure
- Plenty of customer parking
- Two large walk-in cool rooms
- Quality commercial equipment
- Extensive inventory included
- Dedicated office
- Fully fitted and ready for the new owner to continue trading
IMPRESSIVE TAKINGS
The business trades 7 days a week from 11:00am to 7:30pm and enjoys strong seasonal trading:
- Winter: approximately $40,000 per week
- Summer: in excess of $60,000 per week
The current owners have operated the business successfully and are now offering it for sale for the first time.
FAVOURABLE LEASE TERMS
A new long-term lease will be offered to the successful purchaser, with:
- Rent of $2,190 per week including GST and outgoings
- CPI increases only
BUSINESS EXPENSES
- COGS: approximately 37%
- Wages, including owner's drawings: approximately $9,190 per week
This is a highly attractive opportunity for an experienced operator or an investor seeking a well-established business with a strong trading history, excellent location and substantial premises.
All reasonable due diligence is welcomed following the signing of a Confidentiality Agreement.
Opportunities of this calibre and with this combination of business, premises and residential accommodation are rarely offered to the market.
Chris Minas Business Broker - NSW & Regional Sales
mobile : XXXXXXXXXX
email : XXXXXXXXXX
Exceptional location | No direct competition | Includes fully renovated 3-bedroom unit
This is a rare opportunity to acquire a well-established and highly profitable chicken shop in one of North Wollongong's most sought-after locations.
Positioned prominently on a high-profile corner site, the business benefits from excellent exposure, easy access and ample customer and owner parking, with virtually no direct competition in the immediate area.
KEY FEATURES
- Large 200 sqm premises
- Fully renovated 3-bedroom coastal unit included
- Excellent corner position with outstanding exposure
- Plenty of customer parking
- Two large walk-in cool rooms
- Quality commercial equipment
- Extensive inventory included
- Dedicated office
- Fully fitted and ready for the new owner to continue trading
IMPRESSIVE TAKINGS
The business trades 7 days a week from 11:00am to 7:30pm and enjoys strong seasonal trading:
- Winter: approximately $40,000 per week
- Summer: in excess of $60,000 per week
The current owners have operated the business successfully and are now offering it for sale for the first time.
FAVOURABLE LEASE TERMS
A new long-term lease will be offered to the successful purchaser, with:
- Rent of $2,190 per week including GST and outgoings
- CPI increases only
BUSINESS EXPENSES
- COGS: approximately 37%
- Wages, including owner's drawings: approximately $9,190 per week
This is a highly attractive opportunity for an experienced operator or an investor seeking a well-established business with a strong trading history, excellent location and substantial premises.
All reasonable due diligence is welcomed following the signing of a Confidentiality Agreement.
Opportunities of this calibre and with this combination of business, premises and residential accommodation are rarely offered to the market.
Chris Minas Business Broker - NSW & Regional Sales
mobile : XXXXXXXXXX
email : XXXXXXXXXX
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