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Listing Id: 29896 Last Refreshed: 05/04/2024 Total Views: 554

Take Away Business With Commercial Kitchen Phillip Island

East Area, MelbourneTake Aways
Asking Price: $119,999
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $2,080
  • Rental Desposit N/A
  • Revenue $43,333
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retire from the Industry

Description

This takeaway business for sale with full commercial kitchen has the most outstanding position on the whole island. Unbeatable location on picturesque Phillip Island in one of Victoria's biggest tourism areas.

Positioned in the local estate of Cape Woolamai this business has solid trading all year round, with the summer months being greater. Serving the whole area including Newhaven, Cape Woolamai, Rhyll, Sunderland Bay, San Remo, Surf Beach & Smiths Beach.

The shop is approx 150m2 and offers a healthier takeaway option and refreshing mix of Tex Mex, Kebab’s and a whole lot more. Been established for over 10 years and sees successful sales season after season. Strong takings during the year with amazing results from October through to April. Takings for off-peak are approx $5,000-$6,000 per week and during peak periods between $10,000-$12,000 per week.

Currently seats 15 inside with room for more and can also use outside foot path subject to council approval.

With so much to do at Phillip Island, a popular day trip from Melbourne lies just off Australia’s southern coast. At Summerland Beach, spectators gather daily at sunset to watch the Penguin Parade, when Little penguins come ashore in groups. The Nobbies outcrop is the viewing site for Seal Rocks, home to a large colony of Australian fur seals. The Phillip Island Circuit is a well-known track for motorcycle and car racing

This business has cheap rent of $480 per week. A strong lease of 3x3x3 commenced in 2020. A 3 bedroom residence can be made available up stairs to the right buyer for an extra $480 per week.

The vendor works in the business and has staff assist him run this business, 5 days trade during off-peak and 6 days trade during peak times. Full training and support will be provided.

For further information please contact Senior Business Broker Petros Margaritis on 0416 000 154.

Ref: B14555

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