Profitable Suburban Family Restaurant
- Proposed Usage
- Tourism & Hospitality
- Property ID
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This restaurant is iconic in its neighbourhood and has a very long and strong history of serving simple, but quality food.
It is an easy format and open just 35 hours per week! Sales are consistent and a full time working owners should make around $350,000 surplus here.
Critically, the customers do not associate the business entirely with owner. Most don't know he is the owner and he works just 2 nights a week.Strong salesRent under 5% of turnoverHigh margin menuJust 35 hours a weekCustomers go for the place not for the ownerVery long serving and loyal staff.
Asking $1.25M plus stock