North Wollongong Best Location No Competition Great Lease Very High Takings

Description

NORTH WOLLONGONG'S PREMIER CHICKEN SHOPExceptional location | No direct competition | Fully renovated 3-bedroom unit includedA rare opportunity is available to acquire a well-established and highly profitable chicken shop in one of North Wollongong's most desirable locations.Prominently positioned on a high-profile corner site, the business benefits from excellent visibility, convenient access and substantial customer and owner parking. The location faces virtually no direct competition within the immediate surrounding area.KEY FEATURES* Large 200 sqm premises* Fully renovated 3-bedroom coastal unit included* Prime corner position with excellent exposure* Extensive customer parking* Two large walk-in cool rooms* High-quality commercial equipment* Comprehensive inventory included* Dedicated office space* Fully equipped and ready for continued operationIMPRESSIVE TAKINGSThe business operates 7 days a week from 11:00am to 7:30pm and delivers strong seasonal revenue:* Winter: approximately $40,000 per week* Summer: more than $60,000 per weekThe current owners have successfully operated the business for many years and are now presenting it to the market for the first time.FAVOURABLE LEASE TERMSA new long-term lease will be available to the successful purchaser, offering:* Rent of $2,190 per week including GST and outgoings* CPI increases onlyBUSINESS EXPENSES* COGS: approximately 37%* Wages, including owner's drawings: approximately $9,190 per weekThis represents an outstanding opportunity for an experienced operator or investor seeking an established business with proven trading performance, a premium location and substantial premises, together with the added benefit of residential accommodation.Reasonable due diligence is welcomed following execution of a Confidentiality Agreement.Opportunities combining an established business, substantial commercial premises and fully renovated residential accommodation of this calibre are rarely presented to the market.