Food and Hospitality
Lake Munmorah NSW
|
Price:
$350,000
Strong Growth Subway, low rent, high traffic Central Coast | ID: 966 For Sale
OPPORTUNITY to run yourself or run under FULL Management, a well established and well-known franchise business.
With low rent and still showing the growth in the sale, it is the best time to get in and profit.
Currently, run under FULL Management with a manager in place.
FEATURES:
- LOW RENT - Occupancy cost less than 9%.
- STRONG sales growth - 13% increase over the past year and over 30% increase over the past 4 months - Full recovery from COVID.
- Development plans to expand the Woolworths Shopping Centre - this will attract more people.
- Currently no food delivery service in the area. This is a HUGE opportunity. When UberEats or MenuLog do service this area you could expect a 10-20% increase in sales.
- This is a “Metro” designed store (the second most recent design).
- Indoor and outdoor seating for 22 people
LOCATION:
- Excellent location on the outside of a regional shopping centre on a high traffic highway (Pacific Highway)
- Plenty of car parking
- Several new housing developments in the area
- Limited QSR competition in a shopping centre and in the surrounding area – no McDonalds, KFC etc in the area.
If you would like to know more about this business please complete our online confidentiality agreement here:
https://www.ab... (click to show)
or visit our Website www.ab... (click to show) and use the reference #966 to search for the business.
Property Code: 966
With low rent and still showing the growth in the sale, it is the best time to get in and profit.
Currently, run under FULL Management with a manager in place.
FEATURES:
- LOW RENT - Occupancy cost less than 9%.
- STRONG sales growth - 13% increase over the past year and over 30% increase over the past 4 months - Full recovery from COVID.
- Development plans to expand the Woolworths Shopping Centre - this will attract more people.
- Currently no food delivery service in the area. This is a HUGE opportunity. When UberEats or MenuLog do service this area you could expect a 10-20% increase in sales.
- This is a “Metro” designed store (the second most recent design).
- Indoor and outdoor seating for 22 people
LOCATION:
- Excellent location on the outside of a regional shopping centre on a high traffic highway (Pacific Highway)
- Plenty of car parking
- Several new housing developments in the area
- Limited QSR competition in a shopping centre and in the surrounding area – no McDonalds, KFC etc in the area.
If you would like to know more about this business please complete our online confidentiality agreement here:
https://www.ab... (click to show)
or visit our Website www.ab... (click to show) and use the reference #966 to search for the business.
Property Code: 966
Price Suffix abbreviations
P.O.A - Price on Application
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Negotiable - Price can be negotiated
W.I.W.O - Walk in Walk Out(Buyer walks in, Vendor walks out)
O.N.O. - Or Near Offer
E.O.I. - Expressions of Interest
Freehold - The property in which the business is situated is owned outright. No rental.
Leasehold - The property is occupied on a rental basis, under a lease. Terms of the lease vary, commonly "3x3"(3 years with a 3 year option), "5x5x5",etc.Note:Rent $...PCM = Per Calendar Month
+ S.A.V. - Stock At Value
+ G.S.T. - G.S.T. is to be paid by buyer
+ Equipment - Equipment to be included in final price
+ Fixtures & Fittings - Items like security systems, lighting, signage,menu boards,etc. are not included in the sale price.
+ Plant - Plant not included in the sale price.
+ Vehicle - Vehicle price to be added to final price
All Inclusive - Everything associated with business included
Stock Included - Stock business holds included in final price
Price:
$350,000
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