• Australian Business Sellers and Buyers Register

Burger, Ribs & Load Fries business

Cafe and Restaurant

Business Description:

We have 2 locations up for offer, you can either rebrand or use the current name.
Happy to sell one or both as a package deal.
One location is on the popular Terrigal Esplanade which we just open 6 months ago and is a boutique small coffee/Burger scenario in a prime location which is crazy in the holidays and the other at store is at Erina
This is Burger, Ribs and Load Fries business which has been trading for just under 12 months with current sales projected for both sites to be 650K+
All Equipment is included at both sites valued at 50K - except coffee machine which is $150 per week Reason for sale is this business needs to be owner run and I have other businesses that take up all my time and my wife is not well.
We had a big vision which we just can’t finish now but with the right amount of love and attention you could really generate a lot more turnover.
I really want a seamless transaction here and have priced accordingly so no back and forth
All sales data is accurate as we use the square system, which show all transactions plus cash – so all above board and we are not going to spend thousands with our accountants.
We are after somebody to really just take over the locations and make it their own and all I am doing is selling the equipment and a little goodwill that I have built over the past 11 month or so
So in a nut shell This is great for a family or wife & husband business to create something amazing

Lease
Terrigal lease expires Nov 2027 - 3% Increases - 6-month Bank Guarantee and Erina expires May 2024 but can be extended - 3-month Bond

Weekly Takings $11,000 - $12,000 turnover per week
Rent is $5400 per month + outgoings @ Terrigal and Erina $2700 excluding utilities etc

Business Features:

  • Business Category: Cafe and Restaurant
  • Sale Price: $80000 - $120000
  • Business Plan exists?: Yes
  • Marketing Plan/Research?: No
  • Property Included?: No
  • Sale Type: Buy Out
  • Years Operating: 1
  • Business Type: Cafe / Takeaway
  • Business Development (in place): Some
  • Budget in place: No
  • Financing Available: No
  • Trial Period: No
  • Sale Includes: Stock,Equipment

Business Location:

  • Address: 22 spring valley avenue, Sherwin Avenue, Gorokan, New South Wales.

Seller Information

Name: Brendan Tate

Email: abtpremium@gmail.com

Phone: 0437812989

Listing ID: 14760

Views: 131

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