Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $580,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $580,000

Business Details

Retaurant - Bar -Vietnamese Cuisine - Lower North Shore

\nRetaurant - Bar -Vietnamese Cuisine - Lower North Shore - Agent SBX Code Number: F3146

Restaurant & wine bar serving modern Vietnamese cuisine. - The restaurant is fully licensed and has indoor and outdoor seating for 150 seats. - Brand new premium fit out. - Full open commercial kitchen with cool room facing the main dining room. - Stunning Wine Bar counter fitted with latest WiFi POS system. - High ceilings throughout the restaurant with large storage.Wide frontage.

Potential
To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week

Features
Little competition for this style of cuisine. - High profit margins. - Long lease. - Low rent for the size and location of the business. - Hot location.

Premises
Very warm and modern design with selected rustic recycled timber and an area of 200 sq. mts.

Location
Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Trading Hours
7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.

Lease
10 + 10 year lease from July, 2015 - fixed 3 % increases p.a. - 3 months bond

Employees
2 working owners + 11 rotating casuals .

Comments
The high standard of food for locals, passing trade and tourists makes this a number one destination for food and wine lovers. - The rent includes outdoor seating and storage. - Inspection is highly recommended - A must to inspect. - Please do not talk to any staff when visiting the business. Alfresco dining fully under cover.

Figures
Weekly Sales $35000
Rent (ex GST) $3140
Wages $7000
Profit $12000

Agent SBX Code Number: F3146 - SBX Business Brokers

  • Last Updated August 2018
  • Business Category Food/Hospitality
  • Business Sub Category Takeaway Food
  • Expenses $16000
  • Business Selling Price $580000
  • Trading Hours 7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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