For Sale $150,000
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 $150,000

Business Details

Restaurant - Takeaway - Korean Cuisine - City Fringe

\nRestaurant - Takeaway - Korean Cuisine - City Fringe - Agent SBX Code Number: FN1014

Restaurant serving Korean cuisine including fresh home style Korean entrees, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area - 40 seats. - convenient back yard for cooking - two rooms included upstairs.

Potential
Open more hours - could do promotions and marketing - suit any cuisine

Features
A local icon - No competition - Low rent - Fully renovated in August

Premises
This business has an area of 108 sq .mtrs. including main restaurant, kitchen, garage, 2 rooms upstairs and 1 toilet

Location
Situated on busy main road in the City fringe close to residential and commercial buildings surrounded cafes and restaurants.

Trading Hours
7 days- Mon. - Wed. - 5 p.m.- 10 p.m.- Thurs..- Sun. - 1130 a.m.- 3 p.m. - 5 p.m.- 10 p.m.

Lease
New lease commenced June 2015 - Expires June. 2018 + 5 year option - 3% increases - 4 month bond

Employees
2 owners + 1 casual

Comments
Upstairs 2 bedrooms (no separate entrance) can be used as accommodation.

Figures
Weekly Sales $6000
Rent (ex GST) $972
Wages $500
Profit $2380

Agent SBX Code Number: FN1014 - 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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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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