Reputable, 21 years & very profitable Chinese Takeaway Business in a popular & growing suburb of Brisbane
Short Summary
Long time established with great profitability & most favoured Chinese Takeaway in the locality of a growing BNE suburb. Owner DOES NOT cook.
Key Selling Points
- Established brand
- Recession proof
- Low Overheads
- Low Stock requirements
- Cashflow Positive
- Cash Cow!
- Strong year to year Growth
- Low Rent
- Long Term Lease in place
- High Profit Margins
- 90% Repeat Work
Same owner for 21 years, this highly profitable & super busy Chinese takeaway offers purely takeaway and delivery, NO dine-in. Only 2 persons plus some weekend helps are sufficient to operate. The owner is not a cook and the hired chef is easily to be recruited.
This is a simple business with an averaged revenue of near $12,000 per week. (9k/15k low/high) and has traded successfully at the same site for 21 years having matured into a local powerhouse for evenings & weekends trades.
It is located in one of the popular Brisbane suburbs and is the regular & favoured takeaway shop of the locals.
Rent is $1200 inclusive weekly & post overheads, there is netting of averaged $5K weekly.
Hands-on training will be provided by the owner and this business offers High Return on Investment with Secure and long lease.
This is a perfect business for partners or husband & wife, in particular it is an impeccable business for the Visa 188a applicants.
Contact Henry Chow 0421 040 857 | Amy Wan 0498 229 813
Asking $225,000 (Negotiable)
Ref. no. BUY2337