For Sale $349,000
SBX Business Brokers

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

Food/Hospitality for sale

VIC

For Sale $349,000

Business Details

Restaurant - Greek Cuisine - Melbourne South

\nRestaurant - Greek Cuisine - Melbourne South - Agent SBX Code Number: GVV1008

Greek restaurant serving traditional home-style cuisine with an a la carte & meze menu - Food offerings include chicken gyro, seafood, zucchini chips, saganaki, lamb cutlets, souvlaki, dolmades, pork, Greek & beetroot salads & baklava. - Fully licenced. - 20 seats outside and 100 seats inside.

Potential
Could extend trading days. - Could open 7 days. - Could open lunch trade

Features
Well established business- Regular clientele. - Popular for functions.

Premises
This business has an area of approximately 120 sq.mts.

Location
Well situated amongst a very busy restaurant precinct in a popular area.

Trading Hours
6 days - Tues. to Sun. - 530 p.m. till late

Lease
6 + 4 + 4 year lease expires Feb. 2029 - 4% increases with a clause to review after every 4 yrs

Employees
1 active and one silent partner + 8 casuals.

Comments
Figures do not include GST. - Weekly takings fluctuate between $11k - $23k. - Figures shown are average weekly takings. - Misc 1 = includes packaging, workcare, health, laundry, footpath & outside canopy, parking, laundry and body corporate. - Misc 2 = waste / grease trap and filters

Figures
Weekly Sales $17000
Rent (ex GST) $1557
Wages $3650
Profit $4601

Agent SBX Code Number: GVV1008 - 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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