Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $398,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $398,000

Business Details

Takeaway - Chinese -Thai - Malaysian -Vietnamese - Upper North Shore

\nTakeaway - Chinese -Thai - Malaysian -Vietnamese - Upper North Shore - Agent SBX Code Number: F3064

Asian takeaway currently selling Chinese, Thai, Malaysian and Vietnamese cuisine. - No Korean or Japanese is allowed. - The quality of the fitout is first class and no expense has been spared. - Full kitchen with 8 gas wok burners. Some of the staff have been with owner for may years and would be happy to stay on. - This is the sale of a very genuine business.

Potential
To upgrade the already popular menu. - Two owner operators or family could reduce the current wage bill dramatically.

Features
Brand new 5 year lease. - Same original owner for 31 years. - Good staff in place. - Plenty of parking

Premises
This business has an area of 75 sq. mts with extra storeroom for drinks, drygoods and freezer nearby.

Location
Prime corner location with plenty of food court seating in Upper North Shore.

Trading Hours
7 days - Mon. to Fri. - 9 a.m. to 5.30 p.m. - Thurs. to 9 p.m. - Sat. - 9 a.m. to 5 p.m. - Sun. - 10 a.m to 5 p.m.

Lease
Current 5 year lease commenced Sept. 2015. - Annual rental increases C.P.I.+ 2% - 2 month bond. - Water useage is already included in the monthly outgoings.

Employees
One owner (50 hours p.w.) + 2 full-time cooks + 2 parttime cooks+ 1 kitchen hand back + 1 kitchen hand front+ 5 casuals.

Comments
Seating refers to foodcourt seating. - First time on the market and a must to inspect.

Figures
Weekly Sales $24000
Rent (ex GST) $4096
Wages $5600
Profit $5000

Agent SBX Code Number: F3064 - SBX Business Brokers

  • Last Updated May 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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