Bustling Main Road Noodle Bar: High Foot Traffic Location

Box Hill North VIC
Asking Price $210,000
Revenue $250k - 500k
Profit $100k - $200k
About

A well-established culinary staple, this noodle bar offers a tempting array of dishes. Located on a bustling main road, it enjoys continuous high foot traffic, securing a robust customer base. Ideal for entrepreneurs seeking a thriving, manageable investment.

Location Benefits: Strategically positioned to capture both casual walkers and dedicated food enthusiasts, this venue stands out in a high-traffic area, promising constant customer engagement and business visibility.

Operational Details:

  • Lease: $57,000 per annum with a 5+5 year term, 2.5 years remaining
  • Trading Hours:
    • Sunday, Monday: 4:30 PM - 9:30 PM
    • Tuesday to Saturday: 11:00 AM - 9:30 PM

Management Structure: Fully managed by staff, allowing for owner flexibility. The team consists of 2 full-time and 3 temporary workers.

Ownership and Background: The current owner has operated noodle bars for over 20 years and has owned this particular establishment for 6 years.

Growth and Expansion: Significant potential for growth exists, especially for an owner-operator. Engaging directly in business operations could yield a rapid return on investment within a year.

Reason for Sale: The owner is redirecting focus and capital towards other business ventures.

Support & Training: A commitment to a seamless transition is guaranteed with two weeks of comprehensive training provided. This includes daily operations, inventory management, and staff coordination, ensuring the new owner is well-prepared to continue the business's success.

Sales Proposition: This noodle bar represents an exceptional opportunity to acquire a turnkey operation in a prime location with established systems, significant growth potential, and expert training from an experienced owner. A sound investment for those looking to enter the food industry with a reputable, stable, and profitable business.

 

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Client No: W9602 Private sale, no contact by agents or marketers please. Last Updated 24 Nov 2024
Contact this seller
What's your enquiry about?
Client No: W9602 Private sale, no contact by agents or marketers please. Last Updated 24 Nov 2024