For Sale $138,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $138,000

Business Details

Takeaway - Pizza - Chicken - City Fringe

\nTakeaway - Pizza - Chicken - City Fringe - Agent SBX Code Number: SF1229

Takeaway selling chickens, pizza, chips, kebabs, salads, burgers + other hot food. - Cold drinks - Full Kitchen and fully equipped.

Potential
Increase chicken sales + roast more chickens by fully utilising the rotisserie - Could add coffee - Add seating indoors and outdoors (STA)

Features
Very well established - Easy to run - Nothing to spend. - Great menu display - Under management - Profitable.

Premises
Well presented, clean and modern with a large basement area downstairs and an area of 60 sq. mts.

Location
Top corner position at a busy intersection near the train station in busy restaurant and bar area in City Fringe

Trading Hours
7 days - Sun. - Thurs. - 900 a.m. - 400 a.m. - Fri. - Sat. - 900 a.m. - 600 a.m.

Lease
Current lease expires Feb. 2017 + 3 + 3 year option- C.P.I. increases +1% - 3 month bond.

Employees
3 fulltimers + 4 casuals

Comments
Misc.1 Other general expenses - Current owner since 2008 and the previous owner was his father. - No grease trap or rubbish fees and no outgoings. - This is a changing and growing restaurant and residential area. - Rich in diversity with many new constructions. - Well established and very visible shop. - Currently under management. - The managers wage has been removed and shown in profit as if run by owner.

Figures
Weekly Sales $18100
Rent (ex GST) $2523
Wages $4900
Profit $3411

Agent SBX Code Number: SF1229 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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