This well-established fish and chips restaurant is in a prime Northeast Melbourne location, just 6km from the CBD.
*10-year lease
*1,100 weekly rent
*Full commercial kitchen
*Prime spot near transport
*Includes a one-bedroom space
*Over $600,000 annual takings
*Vendor's Motivated
The business benefits from steady foot and vehicle traffic, particularly in the evenings, within a busy outlet mall and next to a central train station. The 120sqm premises feature a full commercial kitchen, a walk-in freezer and high-end equipment worth over $350,000. A one-bedroom space at the back adds convenience for an owner-operator.
Operating five days a week from Wednesday to Sunday, 11:30 am to 8:00 pm, the business derives annual takings of $600,000. The gross profit margin is 70%, with stock valued at $5,000. Rent is $4,800 monthly, the lease runs on a secure 5+5-year term, starting in January 2023, with a three-month bond required.
The business is staffed by one full-time owner, one full-time employee, and three casuals. Expanding trading hours could boost revenue.
Listing ID: ME03151
Broker: Andre Pudebat
Phone: [Phone Number Censored]
Email: [Email Censored]
Ref: ME03151
Timestamp: [Phone Number Censored]
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