Summary
Profitable and fully renovated kebab shop in the heart of Richmond. Strong weekly sales, $220K+ net profit, 700+ 5-star reviews, low rent, and high foot traffic on event and nightlife days. Liquor licence ready (not yet applied). Long lease, prime location, and growing reputation make this a standout opportunity.
About the Business
Current owner Operating since July 2023, this modern and well-fitted kebab shop has rapidly become a local favorite. Strategically located in the heart of Richmond, the business generates over $500,000 in annual sales and produces a solid net profit exceeding $220,000 per annum.
It is currently owner-operated with casual staff support on weekends. All the groundwork has been done, an impressive fit-out, a strong local following, and the foundation for further growth including liquor licence potential.
Key Features:
- Over $150,000 spent on renovation & equipment
- $220,000+ adjusted net profit annually
- 9-year lease (3+6) with low rent of $2,644/month incl. GST
- 5-star Google reviews, outstanding reputation
- Located in prime Richmond location with strong foot traffic
- Footpath dining licence in place
- Potential to apply for liquor licence
- High volume during footy games and nightlife
- Fully operational and profitable within first year
- Owner-operated with casual weekend support
Huge growth potential by strengthening social media presence and digital marketing. A focused online strategy could significantly boost brand awareness and sales.
Reason for Sale:
The owner is retiring and is happy to provide full training and support for a smooth handover.
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ABBASS Business Brokers cannot verify the accuracy of information provided in listings. Prospective buyers are responsible for conducting their own due diligence.
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