50% vendor finance offered for this great cash business

Business Details

Follow this simple three-step process, and you could enjoy the cash benefits of this long established takeaway shop.

1. Place a fully refundable holding deposit
2. Observe the sales and profit potential
3. Own it and improve it

Hawker takeaway has growth written all over it. With a loyal customer base, an exceptional location and position and nothing to spend on the underutilised fitout.

There are plenty of business opportunities across Canberra, but the niche market opportunity of Hawker takeaway should not be overlooked.

Consider that the business is flanked by the disposable high-income suburbs of Hawker (2,878), Weetangera (2,608) and Page (2,880) and there is no direct competition.

Did we mention that the business only has cash payment options for customers?

Hawker Takeaway has been serving the hungry Hawker locals and tradies for decades, bringing steady income for the previous two owners over 24 years of operation.  

The current owners only pay $6,615.91 plus GST per month which presents exceptional value for money for its location.

The owner believes there is significant potential to expand the business through catering from the underutilised fully fit out kitchen, extending the menu to include a gourmet pizza range, installing EFTPOS terminals and investing in advertising. (The owners do not advertise the business).

In brief:

* Turnover of $412,826 (weekly turnover of $7,939) FY 2016
* Gross Profit $198,789 FY 2016
* PEBITDA $89,464 FY 2016

Start your observation period and discover the cash opportunities get your chequebook out and salt shaker ready.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2016 Weekly Average 2015 Weekly Average Weekly Average
Sales $412,826.00 $7,938.96 $371,120.00$7,136.92 $0.00 $0.00
PEBITDA $89,464.00 $1,720.46 $72,925.00$1,402.40 $0.00 $0.00
Gross Profit $198,789.00 $3,822.87 $179,159.00$3,445.37 $0.00 $0.00
Rent $72,173.00 $1,387.94 $73,561.00$1,414.63 $0.00 $0.00
Wages and salary $72,368.00 $1,391.69 $71,932.00$1,383.31 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Fast food- non franchises.
  • The premises is leased.
  • Shop 5 Hawker Place, Hawker ACT 2614
  • lease commenced on: 01/07/2016
  • lease expires on: 30/06/2021
  • Term of the lease: 5 years
  • Option: N/A. Current owners are in negotiation for an extension.
  • Bank guarantee: N/A
  • Base rent: $72,173.59
  • Monthly rent: $6,615.91 plus GST
  • Outgoings: N/A
  • Annual increases: CPI
  • Public liability insurance: $20,000,000
  • SQM: 164 SQM
2 owners 1 casual
81 hours
Owner operated

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Sales Summary

Sale Status : Sold

Sale Method : Private Treaty

Investment Amount : $99,950 + SAV

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605