Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $188,000

Restaurant for sale in NSW

Food/Hospitality
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

  • Last Updated November 2018
  • 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.
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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