Chicken Shop, 6 days, Inner West, Concord only 6.7% Rent

Price: $479,000 Location: Inner West, NSW Ref: 5098774
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
Chicken Shop, 6 days, Inner West, Concord only 6.7% Rent
Price :
$479,000
Category :
Food/Hospitality, Cafe/Coffee Shop, Catering, Takeaway Food
Full Description :

This Charcoal Chicken Shop situated in an affluent part of the Inner Western suburbs with spacious premises.

Excellent equipment, all serviced regularly including walk-in cool room and great prepping area.

Plenty of car parking at the front door, with good exposure in this popular street close to all amenities.

Good profit margins, easy to operate.

Key features:

  • HIGH weekly takings @ 20,000-23,000
  • Only operates for 6 days – could open on Sundays, as requested by the locals to increase revenue/profit.
  • New Lease – still 9 years remaining
  • Low rent at $1,350 inc. GST & outgoings Only 6.7% on Revenue. Amazing!
  • It sells chicken, fish & chip, salads, burgers and all-day breakfast with coffee
  • Area of 100 sqm approx.

Equipment:

  • 2 X LARGE walk-in cool rooms
  • 1 x walk-in freezer room
  • All other equipment in good condition
  • Spacious bathroom and shower room/facility
  • State of the art oven for chicken roasting
  • Large back kitchen for all prep and cooking
  • Full exhast and grease trap
  • Current wage includes a separate professional cleaner for the kitchen daily

First in best dressed, chicken shops like these sell very quickly!

This is a business that you have to visit to believe!

Easy operation as the current owner put in a lot of work into the system. Very popular venue for the locals.

Busy during sporting time over Saturdays. Could open on Sundays for increased revenue.

Gem in the area – no competition nearby.

Could be suitable for a first-time buyer as all the hard work is put in, or an investor who wants high return.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5098774#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5098774#enquire-now

Annual Rent : $63,800 - Weekly Rent : $1,227

Annual Turnover : $1,040,000 - Weekly Turnover : $20,000

Annual Gross Profit : $707,200 - Weekly Gross Profit : $13,600

Annual Ebit : $265,200 - Weekly Ebit : $5,100

Premise : Leased

Lease Commencement : Nov 2018

Lease End : Nov 2023

Lease Option: 5 years

Total Floor Area : 100 Square Metres

Total No of Parking : 1

Franchise : No

Approximate Stock Value : $5,000

Year Purchased : 2018

Days Trading : 6

Staff : 2 Full Time - 4 Casual

Staff Salaries : $239,200

Reason for Sale : Needs a break, too far to travel

Location : High foot traffic concord

Business Potential : Open on Sundays, Promote online ordering, Social Media

Parking Comments : 1 car - Included in Rent

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