For Sale $188,000
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 $188,000

Business Details

Restaurant - Takeaway - Indian Cuisine- Functions - West

\nRestaurant - Takeaway - Indian Cuisine- Functions - West - Agent SBX Code Number: SF1076

Indian restaurant / takeaway which also does catering. - Full kitchen with coolroom. Serves authentic and traditional food from many regions. Thalis, banquets and set menus are a speciality as this restaurant which caters for weddings, birthdays and other functions. 140 seats in the front and pergola area and 20 seats outside. - BYO

Potential
Could add home delivery - Get Liquor license - Training will be provided by the owner. - Would suit two owners and save on wages.

Features
Newly built pergola function area in the rear- Profitable - Excellent reputation - Nothing to spend- Long lease

Premises
Terrace style restaurant with pagola area at rear and an area of 285 sq, mts.

Location
Situated in a well known cafe / restaurant eating area close to hospitals and a large shopping centre.

Trading Hours
7 days - 11 a.m. - 11 p.m.

Lease
Current lease commenced April, 2010 - Expires April, 2015 + 5 + 5 + 5 (expires 2030) - C.P.I. increases - 3 months bond

Employees
1 owner + 2 fulltimers + 4 part-timers

Comments
This is a very well known and well run business in the area. - A very popular bus food tour visits this restaurant frequently.

Figures
Weekly Sales $15000
Rent (ex GST) $1323
Wages $3280
Profit $6187

Agent SBX Code Number: SF1076 - 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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