This established Vietnamese street food business specializes in high-margin, fast-moving products, making it an ideal opportunity for an owner-operator or a family-run business. With a simple menu, streamlined operations, and a strong customer base, this business offers great returns with minimal complexity.
Key Highlights:
Strong profits for an owner-operator - Generating an income of $1,700 per week for a working owner
Great first business - Simple to operate with strong local demand
Fast-casual model - Efficient operations with a proven concept
Low Cost of Occupancy - Rent just $875 per week, Small footprint in high foot traffic centre
Low labour model - Just 21% of revenue
Growth in FY24 - Sales increased by 17.5% year-on-year
Well-managed COGS - Maintained year on year at an efficient 32%
Located in the sought after area of Gungahlin, this business benefits from consistent footfall and repeat customers. The current owner has put in place solid systems and cost controls, ensuring stable profitability and growth potential.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
5 Year Lease commenced April 2022
Base Rent $45,503 per annum plus GST and outgoings
Staff Details
The business currently operates with the owner operator plus
1 x Part Time Owner (Approx 20 Hours)
2 x FOH casuals (approx. 20 hours each)
Opening Hours
7 Days, 10am - 4pm
