31 Chappel Street - PARAGON FOOD, GLADSTONE

For Sale $380,000 WIWO

This faced paced well-established take-away food shop situated in the heart of Gladstone’s industrial estate, sets the benchmark for food vans, catering and walk in customers alike.

With over 19 years experience in the Gladstone market, the business has regular, loyal patronage.

STAFF:
Nine employees including two owners and seven staff. Both owners work full time. One casual junior and one call in (casual) staff member to cover absenteeism.

CULTURE & CLIENTS:
Catering to walk-in customers as well as large companies covering workers orders and catering, this business is a well-oiled machine and the benchmark for the fast food industry.
Endeavouring to equip staff members with multi skill abilities and cross training to ensure minimal down time, the current owners have ensured they offer a high-quality service to all of their customers.

POINT OF DIFFERENCE:
Not only is this a takeaway shop, but there are also three fully equipped food/ coffee vans included. This is similar to running four smaller businesses under the one umbrella.

THE SHOP:
The shop currently trades five days a week, opening 4am till 3pm. It is well spaced with ample room for storage and room for increased capacity should the opportunity arise.

THE VANS:
Three fully equipped food, beverage and coffee vans all are part of this business and operate in a scheduled capacity to maximise exposure and sales. Each van features its own unique artwork twist making it easily identifiable in the community and customer base. The vans also add extra value for this business by increasing revenue. The vans are also available for weekends and special events.

LEASE:
The current lease in place is a three year option and is due to expire on 30.6.2022. Rent is currently $28,317.60 per annum excluding GST and outgoings, subject to market review per the terms of the lease. Outgoings are charged as a percentage of tenants occupancy within the building.

TRAINING and STOCK
Full training and stock comes with this business. A handover period can be negotiated to suit.

MORE INFORMATION:
For more information please contact the listing agent, Alicia Williams 0432 686 751 to arrange a meeting and completion of a Confidentiality Agreement.


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