For Sale $195,000
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 $195,000

Business Details

Restaurant - Indian Cuisine - Northern Beaches

Restaurant - Indian Cuisine - Northern Beaches - Agent SBX Code Number: SC1012 Restaurant serving Indian cuisine including seafood, vegan etc. Full kitchen - large coolroom- lots of storage. Provides catering services for parties, functions and special occasions. - 30 seats inside. Potential Could open for lunch. Could add liquor. Open longer hours. Features Well established. B.Y.O. Premises Nicely fitted out restaurant with an area of 100 sq.mts. plus two toilets. Location Situated in Northern Beaches in a residential area opposite a retirement village. Trading Hours 7 days - 5.15 p.m. till 10.00 p.m. Lease 3.5 + 5 year lease remaining - C.P.I. increases - 3 months bank guarantee. Employees 2 owners + 3 casuals Comments Also includes 3 bedroom residential unit above the shop which can be sub leased out for $600 p.w. - This business has recently been divided with a new area of 50 sq. mts. and a new fit out which can be used as a convenience / cafe which wouldincrease turnover and profit. Figures Weekly Sales $5000 Rent (ex GST) $1153 Wages $470 Profit $2000
Agent SBX Code Number: SC1012 - 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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