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Food Related Businesses For Sale in Armadale Melbourne VIC

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Chicken Bar & Diner Se Melbourne $50k Walk In-walk Out Sale

Location:Armadale, Melbourne, Victoria

Category:Food, BBQ Chicken Shop, Fish and Chips

Asking Price:$75,000

75000

  • Sales revenue : $687,094
  • Net profit : Undisclosed
  • Furniture/Fixtures value : $320,000
  • Inventory/Stock value : $4-$8 K
  • Chicken Bar & Diner Se Melbourne $50k Walk In-walk Out Sale

Business description

PRICE: $50 k + (Stock at Value) Ref # 32457-[Phone Number Censored]

Rent inc Outgoings $89,412 inc Outgoings  $1,719 pw

Sales $697,094

OWNERS EARNINGS / NET PROFIT: $ TBA

Address: South East Melbourne

Summary | Heart of shopping precinct. Licensed Quick Service Restaurant and Take Out /Casual Dining. Access to 140 car spaces. Long lease. 6 days-short hours. 50 seats, inside & out. 

Location Details | The business is ideally located and easily accessible being situated close to Hospital, Coles, National Liquor retailer & iconic neighbouring tenants. Prime Melbourne retail space boasts a vibrant night life.

About the Business| Owners contribution

This business is ready for a savvy operator to reap with all the hard work in place. Perfect for a couple or family to add that personal touch (presently lacking) this affluent suburb demands. The kitchen is conveniently located, well-proportioned and fully fitted with:

 

  • 2 x Goldstein Grilled Plates $8400
  • Henny Penny Fryer $ 26000
  • Mechanical Extraction System including canopies, fans $33,938
  • Fire Pit and Laki Spit $$8,933
  • Revell POS $11,800
  • Cool Room $20,000
  • Convection Oven

The space is ambient & on trend, with $300 k plus Fit-out, no expense was spared in developing its brand, website, furniture, display, kitchen and Point of sale. A state-of-the-art outlet missing only an owner operator to fine tune and reap what casual staff cannot maintain.

Lease | 5.5-year lease with a 10-year option and 2% rent reviews. 120 Square Meters

Rent | $89,412 includes outgoings

Hours | 7 day if desired- Currently six days, evenings only.

Skills | Staff Management, Customer Service, Basic Business admin, Cooking experience recommended

Potential | These premises and elaborate fit-out offer an astute operator the ability to enter this dynamic suburb with all the hard work complete. Fully licensed and fitted with a full commercial kitchen this business is ready for growth and would benefit any new owner to take over, fine tune rosters/efficiency and run status quo then ramp up with a Complimenting morning offer, Database Marketing, Brochure Drop, Social Networking, Price Increases & Extended trading.

Usage of current vacant upstairs area for dwelling for owner operator.

Reason for Sale | Overcommitted other businesses

History | Since Dec 2016

Keen vendor, genuine buyers are encouraged to Contact

Sean McBride    [Phone Number Censored] or Umesh Ratanje [Phone Number Censored] 

 

Other Information

    Transworld Business Advisors - South Yarra
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