For Sale $249,000
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 $249,000

Business Details

Restaurant - Korean - Japanese Cuisine - East

Restaurant - Korean - Japanese Cuisine - East - Agent SBX Code Number: W1371 Restaurant serving a variety of Korean and Japanese cuisine. - Hot and cold drinks. - Kitchen equipment imported from Korea - 40 seats. Potential Could extend opening hours and days. Possibly obtain liquor licence. Weekend evenings in this area are very busy. New owners could increase nett profits and save on wages. Features Very attractive fitout. Popular with University students. Good reputation. Premises This business has an area of 80 sq. mts. Location Situated on main road in busy cafe and restaurant strip close to University. Trading Hours 6 days - 1100 a.m. - 230 p.m. - 500 p.m. - 930 p.m. Lease 5 yrs. + 5 yrs. from 2011 Employees 1 owner + 3 fulltimers + 3 parttimers Comments Only serves fresh food. Supplies purchased daily. Steady business with 80% of sales paid by cash. Very clean and tidy restaurant. Figures Weekly Sales $13500 Rent (ex GST) $1460 Wages $2500 Profit $4000
Agent SBX Code Number: W1371 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • 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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