For Sale $98,000
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 $98,000

Business Details

Restaurant - Takeaway - Nepalese Cuisine - Lower North Shore

\nRestaurant - Takeaway - Nepalese Cuisine - Lower North Shore - Agent SBX Code Number: SF1078

Restaurant serving excellent authentic Nepalese food at reasonable prices. - Full kitchen with walk in coolroom. - Excellent interior and atmosphere. - 70 seats downstairs and 40 seats upstairs - Licenced.

Potential
Could open for lunch and serve coffee - Lots of new apartment buildings being built nearby- Could broaden menu to include another cuisine. - Would suit two owner operators.

Features
Good Location - Nothing to spend - Very well established.

Premises
Downstairs dining area, upstairs function room for 40 plus a two bedroom unit and an area of 180 sq. mts.

Location
Situated on busy main road full of restaurants.

Trading Hours
7 nights - 5.30 p.m. - 10.30 p.m.

Lease
Current lease commenced Dec .2014 - Expires Dec ,2017. - C.P.I. increases - 2 months bond

Employees
1 owner + 2 full timers + 3 part-timers.

Comments
Misc 1 - Other general expenses Landlord has indicated he will give a further 3 -5 year option to the new tenant. - Chef lives in the upstairs unit at $500 per week making the rent for the restaurant $1100 and total rent $1600 per week. - Business name is not included in the sale of the business but could be negotiated if required - Would easily suit any type of cuisine with few changes

Figures
Weekly Sales $12000
Rent (ex GST) $1100
Wages $3500
Profit $3010

Agent SBX Code Number: SF1078 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • Expenses: $5490
  • Business Selling Price: $98000
  • Trading Hours: 7 nights - 5.30 p.m. - 10.30 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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