Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $75,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $75,000

Business Details

Restaurant - Korean - Asian Cuisine - Inner West

\nRestaurant - Korean - Asian Cuisine - Inner West - Agent SBX Code Number: M1832W

Restaurant serving traditional Asian cuisine. - the signature dish is smoked and grilled meat platter with special sauces. - Full kitchen. - 2 levels plus large balcony with 90 seats. - Liquor license. - Fully refurbished shop at a cost around $200k..- Not being sold on figures but well below fitout cost.

Potential
Could open 7 days. - Could trade lunch. - Could change to any type of cuisine such as Chinese, Thai or Italian. Could easily convert to a pizza restaurant with pre-existing pizza oven and exhaust hood.

Features
Good location. - Excellent fit out. - Low rent. - Potential plus. - Well priced.

Premises
2 level restaurant with an area of approx.185 m2 in new condition.

Location
Situated on shopping strip in Inner West area.

Trading Hours
6 days - Tues. - Sun. - 5 p.m.- 10 p.m.

Lease
3 + 3 year lease from Aug, 2015. - 4% increases. - 3 months bond.

Employees
2 owners + casuals

Comments
Selling price is well below set up cost. - All equipment, fittings pass with the transfer of lease. - The rental includes all outgoings. Excellent layout for a pizza restaurant.

Figures
Weekly Sales $0
Rent (ex GST) $1255
Wages $0
Profit $0

Agent SBX Code Number: M1832W - SBX Business Brokers

  • Last Updated March 2016
  • Business Category Food/Hospitality
  • Business Sub Category Restaurant
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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