For Sale $450,000
SBX Business Brokers

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

Food/Hospitality for sale

ACT

For Sale $450,000

Business Details

Restaurant - Mixed Asian and Australian Cuisine - Under Management - Canberra Area

\nRestaurant - Mixed Asian and Australian Cuisine - Under Management - Canberra Area - Agent SBX Code Number: M1798

Restaurant serving a large choice of Asian and Australian hot food and cold food, drinks, cakes, fruits and snacks. - Buffet menu - Weekdays $23.50 per head. - Weekends $27.50 per head. - Full kitchen. - Licenced. - 230 seats.

Potential
Perfect for family business- save on wages.

Features
Fully under management. - Good location. - Great potential.

Premises
Newly renovated and modern designed shop with area of approx 450m2.

Location
Prime location on shopping street in ACT area.

Trading Hours
7 days - 11 a.m.- 2 p.m. + 5 p.m.- 9 p.m.

Lease
7 year lease from 2014. - CPI annual increases. - 3 months bond.

Employees
Fully under management

Comments
The business was set up at a cost of $500k. - Approved 6 skill workers of employer sponsorship 457 visa. - Great location and fully under management makes this a rare business offer.

Figures
Weekly Sales $45000
Rent (ex GST) $3485
Wages $12000
Profit $7160

Agent SBX Code Number: M1798 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $17840
  • Business Selling Price: $450000
  • Trading Hours: 7 days - 11 a.m.- 2 p.m. + 5 p.m.- 9 p.m.
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Enquire

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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