Please ensure Javascript is enabled for purposes of website accessibility SOUTH MELBOURNE TAKE AWAY FOR SALE $504 PW RENT | Transworld Business Advisors South Yarra

SOUTH MELBOURNE TAKE AWAY FOR SALE $504 PW RENT

Listing Number: 32457-886704

Description

Rent $26,208 PA 3% inc | $504 pw | Outgoings $4,781 PA | Turnover $337,037 - 8.4% RENTAL ($92 PW)

OWNERS EARNINGS / NET PROFIT: $92,607 27% NET

Summary
As simple as it gets as food businesses go, Greek street food with cheap as chips rent @ $504 PW. Currently under management with a strong online and delivery presence already in place. Great location.

Location Details
Surrounded by local offices, Fox and Triple M studios/offices, only metres from South Melbourne market. A high tourist area with large presence of Air B+B and serviced apartments also within metres. The sunny side of the street provides constant passer by foot traffic.

About the Business| Owners contribution
Fully managed, owner works no hours on the premises.
A simple offer that has stemmed from one of Melbourne’s premier Greek street food operations combining 8 years of experience. A system with no royalties.

Serving Lamb, Chicken Souvlaki and chips plus salad. Minimum prep and skill required to operate.

A modern fit-out with full commercial kitchen has ample opportunity to build upon to add a personal touch and reap from the prime location and rock-bottom rent.

A highly systemised operation, ready for expansion with a strong name and very loyal customer base already in place.

Smart and practical design with rear lane access and a very user-friendly kitchen for ease of service and management. Indoor and outdoor seating for 20 persons.
Kitchen consists of:

• Double fryers (20 ltr)
• Two Rotisseries
• Under bench refrigeration
• 600ml Grill
• 3 x Upright fridges
• Double sink
• Grease trap and commercial exhaust hood
• Pizza style under bench and top box fridge

Lease
16 years remaining. 1 year plus 3 x 5-year options.

Rent
$504 PW

Hours
7 days if desired- Currently open 11.30 am– 9.30pm. Shop only open to the public 11.30 – 3.00 pm. Afternoon shut to public, open for deliveries only.

Skills
Staff Management, Customer Service, Basic Business admin and Food handling

Training
2 weeks

Staff
5 x casual staff.
Currently each day requires only 2:
1 From 11.30am – 9.30pm &
1 From 12–3pm then 6.00-9.30pm

Potential
This business is currently fully managed and run by casual staff. The owner has no input other than placing food orders by text provided by staff and general admin of operations.

This provides great opportunity for an owner operator to enter this near new fit-out and expand the current simple menu to include burgers, fish and chips, soups, coffee, sandwiches and shakes or smoothies. A home style diner with no Chef required.

Addition of Gluten free options.

Addition of Menu-Log.

Reason for Sale
Other business ventures.

History
4-year trading history.

Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.

Listing Details

  • Price: $ 95,000
  • Down Payment: --
  • Sellers Discretionary Earnings: $ 0
  • Total Sales: $ 0
  • Location:

  • Inventory: $ 0
  • FF&E: $ 0
  • Employees:
  • Reason for Selling: Other Business Ventures
  • Category: Restaurants
SOUTH MELBOURNE TAKE AWAY FOR SALE $504 PW RENT
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