Great ROI and secure business run under management.
SOLD
Frankston VIC 3199
Food/Hospitality
BUSINESS FOR SALE
Phone enquiries - please quote property ID 19634
Current vendor has owned this business for over 16 years and is selling due to family dispute.
Do your due diligence on this business and look at the facts. You want a great return on your investment, you want to have a great trading history and you want minimal risk.
This business can be a 3 to 4 year pay back run under management, or faster if the new owner becomes hands on.
Can be owned and managed by either a female or male.
-This business has been operating by the same Vendor for 16 years. - Financials are available. - The Vendor spends 1 hour a week in the business. - Opportunity to increase takings outside of the current busy times which will result in a high NET profit of those extra takings.
- Vendor claims NET profit of $ 130,000 P/A and due diligence is welcomed by incoming investor. Customers come here to relax and enjoy a game of snooker while they have a drink and laugh with friends. The business provides a safe, comfortable atmosphere for all customers.
Purchasers must do their own Due diligence as Vendor claims $10500 a week takings which is $8000 in alcohol & $2500 through the tables.
Big premises at 500 Sqm and 18 pool tables. New 10 year lease. Vendor runs this under management as it is a simple to run business.
A hands on Vendor would increase profits, and more so if promoting the business happened on a regular basis.
An inspection is a must to see this business and talk to the Vendor. Photos for display only.
Quote BSV 0315 and call Michael NOW , or submit an Enquiry Now.
