Profitable Chinese Takeaway in Bayo, QLD - Ideal Family Business

Description

Business type: Chinese takeaway restaurant

Location: Bayo, Queensland

Trading history: 18 years

Operating model: family operated

Monthly rent: $2,271 including property management fees and GST

Gross profit margin: up to 65%

Business overview

Established Chinese takeaway restaurant located near ACU University.

Customer base: loyal and established

Local reputation: strong

Repeat trade: consistent

Profitability: strong

Operating costs: low

Products and services

• Chinese cuisine
• Takeaway meals

Location

Position: near ACU University

Customer groups: university students and local residents

Customer traffic: consistent

Financial performance

Gross profit margin: up to 65%

Operating costs: low

Operations

Ownership structure: family operated

Trading history: 18 years

Customer relationships: established

Trading hours

Monday to Friday: 10:30am to 8:00pm

Sunday: 5:00pm to 8:00pm

Lease

Monthly rent: $2,271

Property management fees and GST: included in rent

Growth opportunities

• Expand the menu range
• Extend trading hours

Buyer profile

Family business operators: suitable

Owner-operator: suitable

Transition

Training from current owners: available

Business handover support: provided