Since its inception in 2020, the business has built its reputation as an excellent provider of American comfort cuisine. It demonstrates excellent sales stability with a balance of sales from dine-in and takeaway sales, taking $40,000 per month and securing $120,000 to $130,000 net profit annually.
The business operates along a major retail strip surrounded by numerous retail outlets and other food establishments. Its location features a wide pedestrian area and ample parking space through several car parks.
Assets estimated at $30,000 to $40,000 are included in the sale. Sufficient resources ensure business continuity, reduce transitional risks and eliminate the need for substantial capital expenditures post-settlement. Core plant and equipment comprises a meat mincer, multiple fridges, a security camera, dining furniture, grills and a bar.
Its 80 sqm premises have a fully-equipped kitchen and an indoor dining area for 20 guests. The business has an outdoor seating license, offering 16 additional on-street seats.
The business has two owners, one is a former owner-operator who oversees management and the other is an absentee owner. Currently, four staff members fully manage daily food preparation and front-of-the-house duties.
Overall, the business presents a fully managed, turnkey business in a sought-after location with a significant potential for an owner-operator to increase operational efficiency and strengthen profitability.
This business is being advertised by Direct Business Hub with all enquiries being sent to the business owner who will then contact you.
*** Please note: We have used stock photos to protect the confidentiality and goodwill of the business. The pictures are indicative only.
