$10K T/O/wk Simple Operation with Reliable Staff in PlaceListing: #WK00031
About this Business for sale in Hamilton$10K T/O/wk Simple Operation with Reliable Staff in Place
Introducing a solid performing fast food restaurant business, returning about $60k to a 5 days, 40 hours working owner. Located in a business food court in Hamilton, the business is guaranteed with customer flows and great exposure to Hamiltonian shoppers.
The menu is very simplified and operational procedures are easily to be followed; Hence no previous experience is required to run the business, although knowledge on business management and food retailing would be an advantage.
The vendor is keen to provide necessary assistance during the handover period. It would be a bargain for any current hospitality labour who are tired of "under-paid" incomes and wants to work for themselves with a small amount of investments up front, while they may still enjoy two days off in a week. Motivated Vendor says "must sold". Some features are:
- $10k weekly sales+New Uber Eats
- $60k cash surplus to a working owner
- Long term reliable staff in place, the backbone of the business
- Required Skill to be the new owner is minimal, though a good training and support would be available
- New secured lease until March 2024
- First time on Market after years of trading
- In a highly desired prime location
- The asking price include about $100k assets and $3k stock
For further information, please contact broker Paul Lu directly.
To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.