For Sale $148,000
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 $148,000

Business Details

Restaurant- Takeaway - Functions - Eastern Suburbs

\nRestaurant- Takeaway - Functions - Eastern Suburbs - Agent SBX Code Number: SF1023

Restaurant / function centre serving Lebanese cuisine and takeaway. - It also has 2 large covered verandahs and cocktail bar. - Very large fully equipped kitchen with walk in coolroom and freezer which opens to a large car park and delivery area. - Large 2 group coffee machine worth $6,000 is included. - 80 seats outside - 150 seats inside. - Licenced.

Potential
Could open for lunch. - Could have large functions. - Improve social media presence. - Huge potential to increase sales.

Features
Good profit margins. - New fitout with nothing to spend. - Well known.

Premises
Freestanding single level building with an area of 814 sq. mts. Car park for 20 cars.

Location
Situated on busy main street in densely populated area in Eastern Suburbs.

Trading Hours
6 days - Tues. - Sat. - 5 p.m. - 10 p.m. - Sun. - 12 noon - 10 p.m.

Lease
Current lease commenced Oct. 2013 - Expires Oct. 2016 + 5 + 5 + 5 years - 3 months bond - 5% increases.

Employees
1 owner + 1 full timer + 5 casuals

Comments
The owner has spent $250k on new fitout. - Rent includes outgoings. - Some equipment is owned by landlord and belongs to property including 15 security cameras and karaoke equipment. -3000 apartments to be built across the road - Unique opportunity to have a free standing restaurant with parking. - Misc 1 - Other general expensesBrilliant opportunity - A must to inspect

Figures
Weekly Sales $9100
Rent (ex GST) $1783
Wages $1620
Profit $3042

Agent SBX Code Number: SF1023 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $4053
  • Business Selling Price: $148000
  • Trading Hours: 6 days - Tues. - Sat. - 5 p.m. - 10 p.m. - Sun. - 12 noon - 10 p.m.
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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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