Business ID: XB160205
TURNOVER: $17.5K-$25K PM WITH 10% MARGIN 40+ YEAR TRADING HISTORY
Priced to sell and open to negotiation, Egmont Road Lunch Bar presents an exceptional opportunity for a buyer seeking a well-established, profitable food business. With a solid customer base, fantastic location, and room to grow, this one ticks all the boxes.
BUSINESS HIGHLIGHTS:
- Over 40 years of continuous trading consistent sales and reputation
- Monthly turnover of $17.5K$25K with approx. 10% net margin
- Well-known in the area the go-to spot for local workers and marine industry staff
- Prime corner block location in a busy industrial/marine zone
- Strong mix of loyal regulars and walk-in customers
- Primarily takeaway-focused dine-in available but not the focus
- Only shop on the street located on a large 515 sqm premises (shared with landlord's business)
- Excellent layout with dedicated car parking, good access, and supportive landlord
- Secure lease in place
- Sale includes a wide range of quality equipment full list available on enquiry
- Featured in local food guides known for fresh, well-presented food and great reviews
- Zero marketing currently significant scope for growth through advertising and social media
- High customer demand to reinstate tobacco sales (licence not currently held)
- Run by 1 full-time owner + 1 casual low staffing requirements
- No special skills required full training and up to 2 weeks' handover provided
- Current owner relocating interstate
PRICE: $125,000 (NEGOTIABLE)
Property Code: 4410
