Category Archives: Snack Bar

839. Gold Coast Long History High Profit Industrial Area Popular Snack Bar $680,000 + Stock

beef-bread-bun-1639557The total history of the business is 30 years.
– Located in a large industrial area on the Gold Coast.
– Very well-known take-away shop. Provides catering and delivery.
– Trading 6 days. Monday-Friday 6:30am-2:00pm (door shuts at 3:30pm), Saturday 6am-11:30am. Sunday closed. Doors open at 6:00am.
– The busiest time is from 9am until 10:30am. Lunch is also busy but mornings are busiest.
– Selling burgers, fish and chips, pies, sausage rolls, sandwiches, wraps, cold beverages and coffee.
– Selling around 6kg of coffee per week.
– Food cost is 33%.
– 50% delivery, 50% indoor sales.
– Yearly turnover is around $1,400,000.00
– Weekly trial sales are around $28,000.00
– 12 staff total.
– Yearly rent is $34,330.76 inclusive GST and outgoing.
– Lease ends on the 29/04/2021 with 3 years’ option. Every year is a 5% increase.
– The owner is not working as a staff and just stays on the business premise, although they will help out sometimes.
– Yearly net profit is around $450,000.00

Selling for $680,000 + Stock
Please contact Alice on 0432 843 715 to arrange an inspection.