Immaculate Fish And Chips ~ Only Minutes To The CBD

Description

Business type: hospitality

Location: Brisbane, Queensland

Position: high-density affluent suburb near the CBD

Asking price: $295,000 plus stock at valuation

Financial performance

Annual sales: approximately $1,000,000

Rent: approximately 9% of sales

Business overview

Established hospitality business located only minutes from the Brisbane CBD.

Local market: affluent and high density

Trading performance: consistent

Lease

Lease term: through to 2033

Lease security: long term

Rent structure: competitive

Turnover-to-rent ratio: approximately 9%

Premises

Fitout: modern

Equipment: high quality

Alfresco dining: available

Additional seating: available

Location

CBD access: close

Surrounding population: high density

Customer market: affluent

Sale

Asking price: $295,000

Stock: additional at valuation

Opportunity

Established hospitality operation.

Long lease in place.

Modern fitout and equipment.

Existing annual sales of approximately $1 million.