Description

This business comprises two separate locations in very close proximity to each other. Both have prime positions in retail shopping complexes surrounded by quality national retailers.

The main business is a well-established Café/Restaurant with seating for over 60 and the second is a Kiosk style operation with outdoor and undercover seating. Current Sales turnover (as provided in accountant’s financial report) is approx. $760K. Rent is low - under 9% of T/O.

The business has the following key features:-
• Long established and proven locations in unique areas
• Quality fit-outs and equipment
• Minimal competition in both locations
• Operational synergies across both locations.
• Access to long term leasing arrangements.
• Strong growth potential for an experienced operator
• Staff already in place
• Income to owners currently around $250K with only one working owner
• Plenty of seating and excellent parking
• Busy all year round

This is an excellent chance to buy a quality business with great growth potential at a very low ROI. Current owners started these businesses but are now keen to sell due to lifestyle changes.

The business is extremely well priced at $297K.

Don’t miss this rare opportunity in highly sought after locations.

Posted Sep 30, 2016

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Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.