For Sale $99,000
SBX Business Brokers

View phone number

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

Food/Hospitality for sale

NSW

For Sale $99,000

Business Details

Restaurant - Takeaway - Functions - City Fringe

\nRestaurant - Takeaway - Functions - City Fringe - Agent SBX Code Number: SF1149J

Restaurant serving Korean cuisine including sizzling barbecue shared plates and fresh home style Korean entrees, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area - fully licenced - 50 seats. - CCTV, alarm, POS system.

Potential
Open more hours - could do promotions and marketing - outdoor seating (STA) - suit any cuisine - increase deliveries.

Features
A local icon - Online ordering - Low rent - Residence attached.

Premises
This business has an area of 80 sq .mtrs. including main restaurant, kitchen and 2 toilets.

Location
Situated on busy main road in the City fringe close to a major University, apartments and commercial buildings.

Trading Hours
6 days - Mon. - Fri. - 12 p.m.- 3 p.m. - 5 p.m. - -10 p.m. - Sat. - 5 p.m. - 10 p.m.

Lease
Current lease commenced Nov. 2014 - Expires Nov. 2016 + 2 year option - C.P.I. increases - 1 month bond

Employees
2 owners + 1 parttimer + 2 casuals

Comments
Misc 1. + 2 Other general expenses. - The upstairs 3 bedroom unit (no separate entrance) is rented at $500 per week, so the vendor only pays $350 plus gst rent for the business a week.

Figures
Weekly Sales $9000
Rent (ex GST) $350
Wages $1800
Profit $3520

Agent SBX Code Number: SF1149J - 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
 1 of 1 photos 

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

Enquire about this business:

I would like to:

Tools