For Sale $65,000
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 $65,000

Business Details

Restaurant - Indian Cuisine - Takeaway - Northern Beaches

\nRestaurant - Indian Cuisine - Takeaway - Northern Beaches - Agent SBX Code Number: FR1001

Restaurant - takeaway serving Indian cuisine and home delivery. - Serves authentic and traditional foods from many regions. - Private dining area available upstairs for functions, parties and meetings with private bar. - Fully licensed and BYO - 25 seats downstairs - 25 seats upstairs.

Potential
Could open longer hours, change or increase menu options, such as Thalis, buffets etc.. - Would suit two owners and save on wages.

Features
Profitable - Excellent reputation - Nothing to spend- Long lease available. - Established 10 years. - Very little competition in the area. - Residence attached.

Premises
Comes with three bedroom apartment and an area of 150 sq.mts.

Location
Situated next to other prominent restaurants In the Northern Beaches.

Trading Hours
7 days - 5.30 p.m. - 10 p.m.

Lease
Current lease expires Expires April, 2016 - C.P.I. increases - 3 months bond. - New 3 + 3 year lease available to suitable purchaser.

Employees
2 owners + 2 casuals

Comments
This is a very well known and well run business in the area. - Training is available by the owner.

Figures
Weekly Sales $5500
Rent (ex GST) $1700
Wages $350
Profit $1575

Agent SBX Code Number: FR1001 - 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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