Flemington, Victoria 3031
$159,000
Key Features
AI generated. Contact seller to confirm.
- Profitable Turkish restaurant and takeaway
- 24 indoor seats, 4 outdoor seats
- Low rent and lean operating structure
- P&E valued $100,000+ included in sale
- 3-bedroom upstairs residence with rental income potential
- Deliveries handled by UberEats
- Turnover: $500,000
- Net Profit: Not disclosed
- Rent/Lease: Rent $1,272 per month; Lease 5+5+5 years (commenced 2022)
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
This is a compelling opportunity to acquire a profitable Turkish restaurant and takeaway on one of Flemington's busiest main road thoroughfares, generating $500,000 in annual revenue exceptionally low rent of just $1,272 per month.
Operating five days a week with 24 indoor seats and 4 outdoor seats, the business serves an authentic home-made Turkish menu across gozleme, pide, kebabs and sweets, supported by a loyal and consistent local customer base. Deliveries are handled by UberEats. Running as a lean operation with one full-time owner-operator and 2 casual staff, the business has maintained a low-cost structure that delivers strong profit margins. All plant and equipment is fully owned and in excellent condition, with a full commercial kitchen setup ready to trade from day one.
*Annual revenue $500,000
*Lease of 5+5+5 years (commenced 2022)
*Rent at only $1,272 per month
*Security deposit at $16,000
*P&E valued at $100,000 plus, included in the sale
*3-bedroom upstairs residence (some rooms already leased out), with flexibility for an owner-operator to live on-site, lease the rooms individually, or sublease the entire house for extra income.
Contact Walid Hijazi today to find out more about this highly profitable restaurant!
Business Broker: Walid Hijazi
Ref: ME03459
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03459
Timestamp: XXXXXXXXXX 0003
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