Description:
A great opportunity to secure this profitable business that is run under management.
This business is located in a very busy Western Suburbs Centre that houses international retail brands such as Adidas and Puma including food outlets such as The Coffee Club and the centre also houses a Cinema Complex.
Operated under management with financials for 2023 showing a nett to a working couple of over $220,000.00 (current annual wages of $142,967) - Owner does not work in the business!
This is an ideal hands-on owner operator business.
Reason for Sale:
Owner has other business interests.
Broker's Comments:
A well-established regular customer base, and a proven business model. Don't miss out on this opportunity to own this successful business. Very cheap rent of only $678.60 + GST per week.
Overview:
Accountant prepared financials show a nett under management for 2023 of $77,044.00 or to a working couple of $220,000.00.
Lease: Current to 2029 plus 1 x 5-year Option.
Rent & Outgoings: Only $678.60 per week + GST (includes electricity).
Price: Now Only $225,000 plus SAV.
Code: 303706
