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Listing Id: 34318 Last Refreshed: 26/11/2024 Total Views: 171

Korean Fried Chicken Takeaway – Prime Richmond Location

Melbourne City, MelbourneTake Aways
Asking Price: $80,000
Business For Takeover
Look For Investor
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Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental $3,400
  • Rental Desposit N/A
  • Revenue $58,500
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Family Reasons

Description

Situated on a bustling strip in Richmond, this Korean Fried Chicken takeaway offers a fantastic opportunity to own a thriving business in one of Melbourne's busiest dining precincts. Renowned for its delicious fried chicken, the business enjoys strong weekly takings of $13,500.

With a convenient 4-bedroom residence upstairs, the premises provide added value for an owner-operator or investor. Rent is competitively priced at $3,400 per calendar month (including GST), with manageable outgoings of $7,000 per year. A secure 4x3x3 lease commenced in August 2021, offering stability for years to come.

The business has been established for five years, with current trading hours spanning six evenings per week, leaving room for growth through extended hours or delivery services. High-quality equipment valued at $60,000 and stock estimated at $5,000 are included in the sale, ensuring a smooth transition.

This opportunity is ideal for someone looking to step into a well-established operation with a loyal customer base and strong foundations. The current owner has maintained robust weekly takings despite limited time in operation, highlighting the business's efficiency and reliability.

Whether you're an experienced operator or looking for a secure investment in a prime location, this business is ready for a new owner to take it to the next level.

Contact Chris&Elle's Team on 0433582533 or 03 9566 7300 for more information or to arrange an inspection.

Ref: B14814
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