Restaurants For Sale in QLD

HIGHLY PROFITABLE FISH & CHIPS BUSINESS IN KENMORE AREA

Advert Id: 352677, Sellers Ref: (BUY2348)
  • Location: Queensland
  • Category:Restaurant
  • Asking Price:$50,000
  • 50000
  • Sales revenue :Undisclosed
  • Net profit :$220,000
  • Furniture/Fixtures value :Undisclosed
  • Inventory/Stock value : Undisclosed

Business description

This prime business opportunity offers a secure lease, impressive weekly revenue, and is located in a high foot traffic location of Kenmore.

The business is well established and remunerative proven with a cheap rent of $4250 pm.

Previous owner spent $250,000 to refit the shop and the present owners took over the business in September 2023. Unexpectedly, one partner who is the backbone of the team has an unforeseen family exigency so he has to go overseas, consequently this profitable business is back on the market.

Highly suitable for a family or partners.

The shop & kitchen are newly fitted & include an exceptional list of quality assets & inclusions.

Weekly income averaged $9k with peak season performance over $12K weekly. Factoring in the weekly wages for the owners, the net income of this business to the owners is close to $220k pa. before their wages.

This is a prized business that also suitable for 188a visa applicants.

Gold Coast Business Brokers

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