Sold
Trading for over 10 years, this snack bar is conveniently located in an industrial area in the northern suburbs. The spacious snack bar offers seating for 12 guests inside and 12 outside, with room to add more seating. The business sells between 7-10 kgs of coffee per week and has weekly sales of approximately $11,000, reflecting a consistent flow of morning customers. It attracts patrons from the local businesses and warehouses that surround it, with its traditional snack bar menu of steak sandwiches, hotdogs, burgers, yiros, schnitzel packs, finger buns, muffins, and cake slices.
The snack bar is currently staffed by four casual employees, operating efficiently and maintaining a welcoming atmosphere, and operates under a 5-year lease.
This established business presents a solid opportunity for a new owner to take over a steady operation with a loyal customer base and potential for further growth.
Tony Iasiello 0412 217 608
Goodwill including Plant & Equipment | $155,000 |
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Stock at valuation (approx) | $5,000 |
$160,000 |
Current Rent | $4583.33 per month incl. GST |
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Lease Term | 5 years |
Lease Commencement | 5th November 2023 |
Lease Expiration | 4th November 2028 |
Adjustments | 5% fixed annually |