For Sale $188,000
SBX Business Brokers

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SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $188,000

Business Details

Restaurant - Japanese Cuisine - City Fringe

\nRestaurant - Japanese Cuisine - City Fringe - Agent SBX Code Number: SF1369

Restaurant - takeaway - currently serving Japanese cuisine with an open kitchen. - Includes sushi, sashimi, chicken, teriyaki, seafood, steak, rice, desserts, cold drinks - Full kitchen - Fully licensed - 44 seats inside and 14 seats outside

Potential
Could open for lunch - Open more days - Continue to grow this already popular business - Expand menu -

Features
Busy City fringe location - Cute heritage listed building - Great online reviews - Long lease and good rent - Upstairs available for functions - Profitable

Premises
This business has an area of approx. 120 sq.mts. which includes a courtyard, function area upstairs timber counter and storage area

Location
Situated in a commercial and residential area,close to the fish market, park and casino in the City fringe

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

Lease
Current lease expires Oct. 2020 + 5 year option - 3% increases - 3 month bond

Employees
2 owners + 2 fulltimers + 2 casuals

Comments
Misc. 1 - Other general expenses - Lease and liquor license allows vendor to open 11 am till 11 pm - Sales increase in Summer - Fully air conditioned - New sushi counter installed in 2015 and renovation over $80K. - Most of the equipment is new and under warranty - Please be discreet when visiting this business.

Figures
Weekly Sales $10100
Rent (ex GST) $1113
Wages $2000
Profit $3672

Agent SBX Code Number: SF1369 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Expenses: $3628
  • Business Selling Price: $188000
  • Trading Hours: 6 days - Tues. - Sun - 6 p.m. till 10 p.m.
 1 of 1 photos 

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SBX Business Brokers
Suite 1, Level 2, 2 - 4 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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