Priced to Sell: Indian Restaurant in Beenleigh - 1SELL Listing ID: 1AU054

$99,000 WIWO

For Sale: Successful Indian Restaurant in Beenleigh, QLD

Are you interested in owning a thriving restaurant in Beenleigh? This Indian restaurant is up for sale, including all assets and business operations, for $99,000 (Walk in Walk Out). 

Listing Number: 1AU054

Also suitable for Business Visa Holders* (Subject to approval by Immigration Department*)


Impressive Financial Performance:

- Monthly shop sales: $14,000

- Monthly shop sales profit: $9,800

- Annual shop sales: $168,000

- Annual gross profit: $117,600

*** Monthly rent: $786 + GST ONLY (No CPI till 2037)***

 

Efficient Expense Management:

- Annual expenses: $67,000 (covering rent, utilities, wages, and more)

 

Favorable Lease Terms:

- Current lease valid until 9th April 2027

- Option to extend for an additional 10 years until 2037

 

Ideal Shop Size and Cost Savings:

- Efficient shop size: 39 square meters

- Exemptions on council rate and water rate, leading to cost savings

 

Established Start Date and Supportive Transition:

- Started on 10th January 2022 (2+ years ago)

- Dedicated customer base

- Current owner committed to supporting a smooth transition

 

Potential for Growth:

- Expand operating hours with Development Approval (DA)

- Introduce coffee and tea options

- Update the menu with continental dishes

- Bring in your unique recipes

- Enhance the website for better online presence

 

Cost to Acquire:

- Business and Assets: $99,000 WIWO

- Rental Bond: $2,594 (3 months)

- Legal Cost: at actuals

 

**Contact Us Today:**

Seize the opportunity to own a profitable restaurant in Beenleigh. Act now to become part of the vibrant culinary scene in this thriving community. Take the next step toward your entrepreneurial dreams.

THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

Suburb Beenleigh
Property Type Business
Category Food/Hospitality, Food/Hospitality

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