For Sale $118,000
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 $118,000

Business Details

Restaurant - Pizza - Takeaway - Functions - Eastern Suburbs

\nRestaurant - Pizza - Takeaway - Functions - Eastern Suburbs - Agent SBX Code Number: SF1181

Restaurant - takeaway selling a wide range of meals including pasta, seafood, risotto, main meals and specialising in pizza cooked in a large wood fired pizza oven. - Fully licensed. - Good size kitchen with a large coolroom. - Well set up for functions - 80 seats

Potential
Could expand on the delivery side of the business - Increase trading hours - Outdoor seating (STA) -Suit any type of cuisine with few changes - Open for breakfast and lunch on weekends.

Features
Nothing to spend - Modern and stylish fit out - Polished floor boards throughout - Great reviews - Long lease- Good social media presence.

Premises
Incredible fitout throughout with large bar, woodfire oven, storage, garage and rear lane entrance for deliveries and an area of 280 sq. mts.

Location
Busy main road in a popular restaurant strip surrounded by residential and metres from a popular nightclub in the Eastern Suburbs.

Trading Hours
6 nights - Tues. - Sun. - 5.30 p.m. - 10 p.m.

Lease
Current lease expires Aug. 2019 + 5 year option. - C.P.I. increases - 3 month bond

Employees
1 owner + 2 full timers + 2 casuals

Comments
Misc 1 - General expenses. 2 group coffee machine is included in the sale - The restaurant has been recently refurbished and has a very large bar.- This is a growing business and would also suit a family or couple to continue to build the sales and profit and save on wages. - Current owner needs to go back overseas.- This business would make an ideal wine bar / restaurant and / or cafe / restaurant. - A must to inspect. Fantastic new fit out at cost over $150K - would suit any cuisine - check out bathroom photo attached

Figures
Weekly Sales $10100
Rent (ex GST) $1206
Wages $2850
Profit $2144

Agent SBX Code Number: SF1181 - 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

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