Business For Sale Five Dock, New South Wales 2046
Business Category Cafe and Coffee Shop
$99,000
Description
Reduced Price For Quick Sales Chicken Shop Five Dock Region For Sale $99,000
This chicken shop, situated in a prestigious area of Sydney, offers a lucrative opportunity for potential buyers
Here are the key highlights
• Current weekly profits are approximately $4,250, with annual profits exceeding $260,000 for FY23, weekly sales average $14,000
• The current lease runs until April 2026, with an option to renew for another 3+3 years. The rent is $1,500 per week plus GST, with a 4% annual increase.
• The business has untapped catering potential, generating $22,000 in catering sales for FY24 without any marketing efforts.
• The shop is currently under management, with a systemized staff ensuring smooth operations.
• The shop is on a corner lot with maximum exposure and ample parking availability. It is also strategically located near schools, capturing after-school trade.
• The shop features a full commercial kitchen, two cool rooms, and seating capacity for 24 customers.
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