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Massive Take Away The Corso, Manly

Business for Sale
Manly NSW

**MUST SELL** MASSIVE 180sqm with 2 full Kitchens. Make 1 into a Dark Kitchen. Current Return = $3.2Kpw approx. All Reasonable Offers Considered.

Price $50,000 + SAV

MASSIVE Take Away The Corso, Manly

Stock Included: No
Stock Value: 15K approx.
Years Est: Since 2014
Gross Revenue: NA

About The Business



- Ideal fast food outlet on southern side of The Corso. Very close to ferry wharf.
- Specialises in cooking and serving gourmet sausages, rolls and burgers created from their own secret recipes.
- Originated in London and opened in Manly in September 2014.
- Has 2 full kitchens.

Will suit a keen foodie who loves people and is looking to get into the action in tourist-packed Manly at a bargain price.


Location



- Southern footpath of The Corso used by thousands of tourists to and from Manly Beach everyday.
- Literally the first substantial food outlet for people walking to Manly beach from the ferry terminal.
- Situated in the midst of a very high pedestrian area.
- Close proximity to popular Manly pubs (great for evening and night trade!)


Financials



- Weekly Revenue: About $19Kpw.
- Weekly Rent: $3134pw + GST.
- Owner's Return (EBIT): Approx. $3.2Kpw (17%)


Features



- Prized location smack in the middle of world-famous The Corso.
- Thousands of potential tourist and local footfalls to and from Manly beach and Ferry Terminal.
- Very well located to deliver high-quality food to thousands of Manly residents living in the vicinity.
- Has 2 kitchens.
- Make 1 into a dark kitchen for a 2nd income stream at no extra cost.
- Tap into the highly lucrative Manly 'Corso trade'.
- Continue trading as current business or change to your product.
- Flexible kitchen to suit many cuisines.


Lease



- Lease ends Aug 2024
- Current rent = $3134pw + GST.
- Rent includes all outgoings.


Trading Hours



11am - 10pm (Monday - Sunday)


Reason For Sale



- Owner wishes to spend more time with family who are overseas.


Employees



- 6 all-rounder crew members.
- 1-2 cooks.
- Purchaser can negotiate with current staff after exchange of contract.


Training



Vendor will provide 1-week training before settlement and 1-week after settlement.


*Next Steps*

To complete a confidentiality agreement and know more about this business, contact Gaurav Sareen on info@vexoconsulting.com.au or 0457 000 894.

Vexo Business Consulting
Licenced Business Brokers (NSW).
Lic No 10091795

Contact Seller

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Visit Website

Contact: Gaurav Sareen
Phone: 0291367393

Bsale ID: 257044




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