Takeaway- Canberra - Est 20+ years
Stock Included: —
Stock Value: —
Years Est: 20+
Gross Revenue: —
About The Business
Traditional classic takeaway. 5 1/2 days per week.
Products & Services
Wide range of hot food prepared onsite along with traditional takeaway food. Plus an extensive sandwich bar.
Extremely busy with a loyal clientele and constant flow of tradies, local workers and visitors.
Position on the corner of a prominent main street in an industrial area. Approved light rail tram stop to commence later this year in Mitchell. Ample free parking.
About The Area
Opposite a large government department and surrounded by commercial businesses as well as a close-by cemetery/crematorium
6:30am - 3:30pm
7:30am - 1:30pm
Long lease to December 2021 with a 3 year option.
Information package available to genuine buyers.
Owner plus 3 casual staff
Valued at approx. $120,000
Owners prepared to stay on during change over period.
Growing industrial area. Potential to increase turnover and extend trading hours.
Reason For Sale
For years King Arthur's Feast has been serving the ever expanding industrial precinct of Mitchell.
The customers don't use Facebook apps to order, nor Uber eats or Deliveroo.
Truckies, builders and local office workers, regulars, too many to mention - start coming through the door from about 6:30am until early afternoon 5 days per week and half a day on Saturday.
The simplicity of operation, easy hours and consistence of trade is the reason the current owners, Robert & Jenny, have stayed here for 16 years.
It's served them well with low rent just a touch over $1000 per week and little need for employees.
The equipment and fitout are worth well over $120,000 and there is a long secure lease in place.
Rob and Jenny would, happily let you try before you own by placing a moderate holding deposit and getting to meet the regulars.
Contact the owner directly 0409 996 673.
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