Want to own and operate one of Mudgee's busiest and most successful food ventures. Mudgee's longest established takeaway restaurant, Market Street Takeaway, is now for sale offering potential new owners a rare business opportunity to increase their income and become their own boss.
This thriving high profile business is situated in a prime Market Street position with a wide alfresco dining opportunity benefitting from a beautiful northerly aspect and views of Mudgee's iconic heritage buildings.
Market Street Takeaway, also registered as Mudgee Takeaway, operates six days per week from 10am to 8pm (closed on Sundays) offering a golden opportunity for purchaser/s to unlock further income streams in an already highly profitable business undertaking.
Summary:
This local iconic takeaway outlet has been operating since 1983 and under new ownership almost three years ago has become a burgeoning business with a current turnover of $1.3m, capable of even further turnover and higher profit margins with an extension of opening hours and a more extensive use of an excessively large premises.
Market Street Takeaway specialises in quality fresh foods including burgers, BBQ chicken, house battered fish and chips, home cooked meals and is famous for its homemade salads, desserts and scallops. Also Kebabs in the specialty foods section
Location Details:
Located on Mudgee's main street just a few doors up the road from a great park with a beautiful wide footpath the perfect setting for alfresco dining.
Income:
A strong history of reliable, attractive yields that would instill confidence in any prospective owner of a hospitality business.
Net profit from FY 2021/2022 displays an average of around $34,697 per month and a total of $416,365
Potential:
Opportunity to increase trading hours/days
Implement website and social media
Onsite alfresco dining
Utilise large unoccupied space at rear of building
Hours: Mon to Sat: 10am to 8pm (Sun: Closed)
Lease: $1195 a week until 17/7/2024, plus 3-year option.
Employees: 5/6 current casual staff
Reason for Sale: Owners are looking to retire
