This chicken shop, situated in a prestigious area of Sydney, offers a lucrative opportunity for potential buyers
Here are the key highlights
* Current weekly profits are approximately $4,250, with annual profits exceeding $260,000 for FY23, weekly sales average $14,000 * The current lease runs until April 2026, with an option to renew for another 3+3 years. The rent is $1,500 per week plus GST, with a 4% annual increase. * The business has untapped catering potential, generating $22,000 in catering sales for FY24 without any marketing efforts. * The shop is currently under management, with a systemized staff ensuring smooth operations. * The shop is on a corner lot with maximum exposure and ample parking availability. It is also strategically located near schools, capturing after-school trade. * The shop features a full commercial kitchen, two cool rooms, and seating capacity for 24 customers.