SOLD

Extreme Family Circumstances Force Sale

NSW
Extreme Family Circumstances Force Sale

Last asking price $575,000

Sold June 2023

Food & Drink

Restaurant Franchise For Immediate Sale

Showing $197k profit

Extreme Family circumstances force the sale of this business.

Owner will consider part vendor finance

 

  • Syd / Nth
  • Located at a Major busy shopping centre
  • 200 seats and fully licensed
  • Trading only 18 months
  • like brand new fit out in place
  • Long Lease
  • Strong support from Franchisor
  • Selling substantially below set up costs

1. Business has recently been approved to provide 457 visa sponsorship to upto 6 staff. Vendor has advantage to hire long term staff and give more stability to business

2. Home delivery: big territory, delivering upto 15 km radius. currently doing upto 6k a week with no marketing done till date. Huge potential to increase the sales by doing local area marketing and targeting businesses @ Macquarie Park, Rhodes etc..

3. Huge developments happening in n around Ryde. like Putney hill and also Crown appartments right above the business that has still to be marketed to increase sales.

4. Major redevelopment happening in Top RYDE city centre. Top Ryde City is pleased to confirm that Coles will open a state-of-the-art supermarket and Kmart will open a new concept store in mid 2016. Both openings will anchor the next phase of a major redevelopment of the centre in Sydney's north-west and complement the successful launch of Top Ryde Piazza Precint.
More details can be found on Top Ryde city web site

5. Reject shop opening right in front of restaurant that will increase lunch trade and will give more exposure

Solid profitable business ideally suited to an Owner / Operator.

Contact now for further information.

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