This profitable one of a kind fully licensed fast-food takeaway and Burger Restaurant near McMahons Point/North Sydney. It is in a great Sydney harbourside location along an eat street with other shops, cafes, retail and restaurants. - No CPI increases till April 2025! Recently refurbished with all new fidges, fryer and over $100K spent in March 2024.
10 years lease expires April 2033 (April 2023 - April 2028+ 5-year option) size of shop is 60 m2 plus storage.
Sales averaging $25,000 -$27,000 pw - Netts approx $5,000- $6,000 p.w.
Trading 7 Days from 10am to 8.30 pm (opening 11 am on Fri & Sat)
Prime location in major eat street, near train station and Sydney Harbour Bridge
Sydney marathon, NYE are extremely busy days!
Low Rent at just $1,578 p.w.inc GST - Outgoings approx $8,000 per year
12 seats outside and 9 seats inside
Fantastic opportunity and a very attractive business model that could be a good opportunity to franchise or open more stores in the future. Potential to add ice cream and coffee.
Fully Licensed with PSA (Primary Service Authorisation) and potential to increase liquor sales by opening a bit later.
Heaps of tourists and very busy during NYE, VIVID, public holidays and sport events. There is an opportunity to grow the business further in this amazing location in the Lower North Shore
Listing Number:NSW10796
Broker: Jan Forsyth
Phone: +61 411 510 610
Email:jan.forsyth@linkbusiness.com.au
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Keywords: Licensed, Profitable, Burger, McMahons Point/North Sydney, long Lease, Low rent
Ref: NSW10796
Ref: NSW10796
Timestamp: 20240514070003
