Good Enuf to Eat

$230,000 + SAV ($5,000 approx.)

Web ID: F3781

Business Description

Literally a stone throw from the beach, this food bar presents the most mouth-watering meals you can imagine. Catering for the health enthusiasts they offer fresh salads, bowls and juices plus for those looking for the more standard takeaway; they also have the traditional burgers and chips shaken up with a pleasant healthy twist.

Trading 7 days a week from 9 am ‘til 10 pm (however these times change with each season), run entirely under management sustainingly and holding a current lease expiring in 2019 with a further 5 year option - this business would absolutely thrive if taken over by an owner operator and current team.

At a glance:

  • Located stones throw from Brighton beach 
  • Trading 7 days a week
  • Run under management
  • Modern and fresh shop fit out
  • Average sales $10,000 + per week
Melanie Winter - 0408 085 932 & Tony Iasiello - 0412 217 608

 



Extended Price Information

Goodwill including Plant & Equipment $230,000
Stock at valuation (approx) $5,000
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$235,000

Financial Summary

Year
Sales Return to Investor
2014/2015 $782,769 $131,666
2015/2016 $757,608 $112,546
2016/2017 $619,066 $71,493
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Lease Summary

Current Rent $3,717.05 per month + GST
Lease Term 5 years
Lease Commencement 8/09/2014
Lease Expiration 07/09/2019
Right of Renewal 1 x 5 years
Outgoings Paid by tenant
Adjustments CPI annually

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