Mentored Business Sales And Acquisitions Phone : 1800 85 ****
Luke Musumeci
0424 ****

0424 ****


Highly Reputable Food Takeaway Business - $140K+ Profit P/A

Listing Id : 254944

Location : New South Wales

Category : Takeaway Food, Cafe and Coffee Shop, Catering

Asking Price : $150,000

Business description

Urgent sale - all offers considered.

A fantastic opportunity exists to acquire a profitable takeaway food business in Newington with 150+ glowing reviews and a strong local reputation.

Location Details:
Set up in 2014 with a new fit-out and prime exterior location, the business services the growing population of Newington and Olympic Park and is well known in the community for its high-quality food and easy going atmosphere.

The premises occupy an excellent corner location and is approx. 65 sqm in size and includes a hot food bar, refrigerated glass display cabinets and seating at the front for up to 60 patrons. Lease until 2**** **** .

Hours:
The shop is open 7 days a week with takeaway / pick up available through online ordering with Menulog/EatNow/UberEats.

Staff:
2x Owners
7x Staff
2x Casual delivery drivers

About the business:

This food takeaway opportunity has been thriving in its current position with exciting room for growth. The current owners comprise 40+ years of food business expertise which shows through the store's systems and procedures.

Included in the sale is a comprehensive handover with ongoing support/training to ensure a smooth transition. Additionally, high-grade equipment & supplies are included providing a turnkey purchase for any fortunate buyer.

Key Points:
- FY2017 the revenue for the business was $863,225 with an adjusted return to the owners of $142,806.
- Successful food takeaway business
- Situated in a bustling shopping centre location with seating for up to 60 patrons
- New fit out completed in 2014 includes a hot food bar and refrigerated glass display cabinets
- Popular food delivery services in place including Menulog and Uber Eats

For more information on this exciting food opportunity, please contact the undersigned:

Luke Musumeci
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M:**** **** T: 1800 858 696 E: lmusumeci@mentored.com.au

For more details go to ness and complete our online confidentiality agreement. Use the reference ID 19096**** **** to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Food, Takeaway, Fish and chips, Online, Restaurant, Cafe, Coffee shop, Business for sale


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