The premises is located at one of the major shopping centres with constant flow of foot traffic.
The long-term, well-trained employees ensure the business operates smoothly and efficiently, making management organized and straightforward.
Established operating system is another reason for easiness to run the business efficiently.
Naturally, a new working business owner can create a reasonable increase in the net income.
The owner wishes to sell the business for a change of lifestyle.
Operating hours:
· 7 days per week
· Monday – Wednesday, Friday and Saturday: 10:00 am – 5:00 pm
· Thursday: 10:00 am – 9:00 pm
· Sunday: 10:00 am – 4:30 pm
Key points:
· Size of premises: 50 sqm
· Lease: Current to 18 July 2029
· Rent related payment (due 1 August 2024): $20,200 (includes base rent, outgoings, water rates, promotion levy and municipal rates and GST)
· Electricity: $1,560 per month (includes GST)
· Grease trap charge: $411 per month (includes GST)
· Staffing: 8 casual staffs work on shift. 7 staffs receive a base salary of $32.06 per hour and one receives a base salary of $ 34.48 per hour.
· Total sales for the financial year of 2024: $2,490,000
· Adjusted net profit before income tax for the financial year of 2024: $661,000
Asking Price: $1,200,000 + SAV ($30,000 – estimate)
For further information about this business, please complete the Purchaser Registration and Confidentiality Agreement by clicking Forms/Business on xxxxx: or
Please call Jennifer on xxxxx
(The image used is for display purposes only and does not reflect the business advertised for sale.)
