Sold $299,000

Highly profitable under management hamburger business

Short Summary

This franchised hamburger business has a strong presence & great reputation in the area. It is a perfect business for 491 & 188a visa applicants

Key Selling Points

  • Established brand
  • Under Management
  • Low Overheads
  • Low working capital requirements
  • Cash-based
  • Strong year to year Profits
  • 70% Repeat Work
  • Best Location
  • High foot traffic location
  • High visibility location
  • Ideal for 491 Visa

Well established & profitable franchised hamburger business in a busy and popular location and loved by both GC’s locals and tourists.

This well managed business is under management and owner never goes there. It is managed by an experienced Manager/Chef plus part-time staff. The business is partnered with delivery platforms and have own website for online ordering.

Weekly taking at peak period $20K per week with averaged $15K.

Shop was newly set up in 2021 with size of 129m2 and fitted with a functional kitchen.

Reasonable cheap rent of $7,000 monthly (inclusive of water & GST) and a friendly and flexible landlord (lease term 5×5).

This business is perfectly suitable for 491 and 188a visa applicants.

Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813

Asking $299,000

Ref. no. BUY2263

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    Property Features
    Henry Chow
    0421 040 857
    Fluent English, Cantonese, Mandarin. Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Henry has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Henry has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Henry was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Henry has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Henry graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry is heads and shoulders above the rest when it comes to selling within the Asian community both locally and abroad!
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