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North Wollongong Best Location No Competition Great Lease Very High Takings

Thirroul NSW, ID 286825

North Wollongong Best Location No Competition Great Lease Very High Takings 1
North Wollongong Best Location No Competition Great Lease Very High Takings 1
Asking price:
AUD$719 000
Owner
Private Person

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Description

Business type: chicken shop and takeaway food

Location: North Wollongong, New South Wales

Premises size: approximately 200m²

Weekly sales: $40,000 in winter to over $60,000 in summer

Weekly rent: $2,190 including GST and outgoings

Trading days: 7 days per week

Business overview

Established chicken shop occupying a prominent corner location in North Wollongong, with strong customer traffic, extensive parking and limited direct competition.

The business is offered for sale for the first time after many years under the current owners.

Premises and facilities

  • Approximately 200m² of commercial space
  • Fully renovated 3-bedroom residential unit included
  • Two large walk-in cool rooms
  • Commercial kitchen equipment and inventory
  • Dedicated office space
  • Ample customer and owner parking

Operations and financials

  • Trading hours: 11:00am–7:30pm, 7 days
  • Winter sales: approximately $40,000 per week
  • Summer sales: over $60,000 per week
  • Cost of goods: approximately 37%
  • Weekly wages, including owner drawings: approximately $9,190

Lease and sale

New long-term lease available at $2,190 per week including GST and outgoings, with CPI-linked increases.

Further information and due diligence available following execution of a Confidentiality Agreement.

Details

Real Estate: Lease
Square m2: 200
Asking price: 719 000 aud
Salary expenses (per year): 441 120 aud
Rent (per year): 105 120 aud

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