Profitable Charcoal Chicken Restaurant

1SELL Listing ID : 1AU0160
Asking Price: $95,000
Key Highlights of the business:
Specialising in charcoal-grilled chicken, offering a wide menu of chicken dishes, sides, and beverages. With a focus on quality and flavour this restaurant provides an exquisite dining experience in a welcoming atmosphere.
Just a few kilometers in proximity of Sydney's central business district and tourist attractions, the location of this business makes for an ideal spot for tourists and organic foot traffic alike.
The business is currently owner-operated.
Comprehensive training and support will be provided to facilitate a smooth transition of ownership.
The business has been operating for 9 years.
Asset value exceeds $120,000.
Operating hours: Mon - Wed (11am - 8pm) Thurs - Sat (11am - 9pm)
Annual revenue: $571,000 approx.
Annual net profit: $111,500 approx.
Annual rent: $52,000 approx.
1SELL presents an exciting opportunity to take ownership of a well-established Mediterranean take-away restaurant, renowned for its authentic charcoal chicken and traditional cuisine. Rooted in the ethos of quality and tradition, this restaurant prides itself on delivering a consistent standard of excellence in every culinary offering.
Situated strategically in a bustling locale, this restaurant benefits from consistent foot traffic and a loyal customer base. With an extensive menu curated to satisfy diverse palates, the business presents a lucrative opportunity for discerning investors looking to enter the thriving food industry.
After completing a confidentiality agreement, Financial information and lease details can be provided to qualified buyers.
Cost to acquire this business:
Price: $95,000 + Stock at value
Estimated stock: $13,000 +/- 15%.
Rental bond: 3 months
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.