High Margin Restaurant Cafe in High Growth Area

Listing Number: 12225-449253

Description

This fully licenced restaurant has recently reduced its lease space to further enhance its profitability. In a busy shopping centre boasting a major grocery tenant, the restaurant enjoys easy car parking and access with high exposure and foot traffic while keeping its own identity being in a stand-alone building from the main supermarket one.

With a new 7 year lease in place the new owner has security of tenure and will have a freshly renovated shop fit due to the reduction of floor space which will afford better service and lower costs of staffing and leasing over time.

Local population has grown by 50% between the last census and is expected to continue growing rapidly as more local developments come to market.

The current owners' decision to downsize their multiple business interests is a great opportunity for a new owner to grab a high margin business.

• High margin restaurant
• Liquor Licence
• Long lease
• Easy access
• Car Parking
• Growing local population with young families

Listing Details

  • Price: $120,000
  • Down Payment: TBD
  • Sellers Discretionary Earnings: $0
  • Total Sales: $0
  • Location:

  • Inventory: $0
  • FF&E: $0
  • Employees:
  • Reason for Selling: Owners Downsizing
  • Category: Restaurants
High Margin Restaurant Cafe in High Growth Area