Visit this listing at https://www.sbx.com.au/business?id=TTQJ1103

Business Code: TTQJ1103

Key Features: Franchise- Takeaway - Mexican Cuisine - Gold Coast Area - Sales $18,385 p.w.

State: QLD

Suburb: Ashmore, 4214

Location: Situated in a popular suburb in the Central Gold Coast area.

Description

Restaurant -Takeaway franchise with a full commercial kitchen serving both unique and popular Mexican cuisine including burritos, chikitos, nachos, tachos, quesadilla, classic bowls, vegetarian, vegan, gluten free, dairy free etc. - Offering both indoor and outdoor dining experience along with a large takeaway menu.- 26 seats outside - 46 seats inside - Licenced. Sales are based on the 2019 weekly average

Summary

  • Features: Excellent location - Large loyal clientele - Large regular takeaway business.
  • Potential: Business is currently running under management but an owner operator could easily reduce overheads & increase the net profit.
  • Premises: This business has an area of 118 sq.mts.
  • Trading Hours: 7 days - Mon. - Sat. - 9:30 a.m. to 9:30 p.m. - Sun. - 11:00 a.m. to 9:00 p.m.
  • Lease: 7 year lease commenced June, 2016 + 7 year option. - Bond is 3 months rent. - Annual 3% C.P.I. increases.
  • Employees: 1 Manager + 12 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$18,385

Cost of Goods

$6,420

Gross Profit

$11,965

Rent

$1,387

Wages

$4,065

Outgoings

$177

Telephone

$30

Insurance

$75

Electricity

$286

Misc1

$950

Misc2

$1,636

Total Expenses

$8,606

Estimated Stock (Additional)

$12,000

Equipment (Included)

$100,000

Net Profit

$3,359

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Mexican Cuisine - Restaurant - Franchise Resale

Business Code: TTQJ1103
Price: $495,000

Key Features: Franchise- Takeaway - Mexican Cuisine - Gold Coast Area - Sales $18,385 p.w.

State: QLD

Suburb: Ashmore, 4214

Location: Situated in a popular suburb in the Central Gold Coast area.

Description

Restaurant -Takeaway franchise with a full commercial kitchen serving both unique and popular Mexican cuisine including burritos, chikitos, nachos, tachos, quesadilla, classic bowls, vegetarian, vegan, gluten free, dairy free etc. - Offering both indoor and outdoor dining experience along with a large takeaway menu.- 26 seats outside - 46 seats inside - Licenced. Sales are based on the 2019 weekly average

Summary

  • Features: Excellent location - Large loyal clientele - Large regular takeaway business.
  • Potential: Business is currently running under management but an owner operator could easily reduce overheads & increase the net profit.
  • Premises: This business has an area of 118 sq.mts.
  • Trading Hours: 7 days - Mon. - Sat. - 9:30 a.m. to 9:30 p.m. - Sun. - 11:00 a.m. to 9:00 p.m.
  • Lease: 7 year lease commenced June, 2016 + 7 year option. - Bond is 3 months rent. - Annual 3% C.P.I. increases.
  • Employees: 1 Manager + 12 casuals
  • Sale Reason: Other business interests
  • Comments: Misc. -1 - $127 POS system & software rental, plus $823 misc. business costs. - Misc. - 2 - Franchise fees - A 2017 Toyota Yaris Motor vehicle with full advertising wrap and roof light box, valued at around $15,000 can also be purchased if required. -
    Net profit is based on an owner operator running the business - Managers wages have been removed from wages figure and added to nett profit - Power & Gas costs are combined under Electricity entry. -Sales are based on the 2019 weekly average

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$18,385

Cost of Goods

$6,420

Gross Profit

$11,965

Rent (ex GST)

$1,387

Wages

$4,065

Outgoings

$177

Telephone

$30

Insurance

$75

Electricity

$286

Misc1

$950

Misc2

$1,636

Total Expenses

$8,606

Estimated Stock (Additional)

$12,000

Equipment (Included)

$100,000

Net Profit

$3,359

Price

$495,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.