This established Vietnamese street food business specializes in high-margin, fast-moving products, making it an ideal opportunity for an owner-operator or a family-run business. With a simple menu, streamlined operations, and a strong customer base, this business offers great returns with minimal complexity.
Key Highlights:
*Great first business - Simple to operate with strong local demand
*Fast-casual model - Efficient operations with a proven concept
*Low Cost of Occupancy - Small footprint in high foot traffic centre
*Strong profits for an owner-operator - Generating 23% net margin for a working owner
*Low labour model - Just 21% of revenue
*Growth in FY24 - Sales increased by 17.5% year-on-year
*Well-managed COGS - Maintained year on year at an efficient 32%
Located in the sought after area of Gungahlin, this business benefits from consistent footfall and repeat customers.
The current owner has put in place solid systems and cost controls, ensuring stable profitability and growth potential.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
5 Year Lease commenced April 2022
Base Rent $45,503 plus GST and outgoings
Staff Details
The business currently operates with the owner operator plus
1 x Part Time Owner (Approx 20 Hours)
2 x FOH casuals (approx. 20 hours each)
Opening Hours
7 Days, 10am - 4pm
