Food/Hospitality Business for Sale in VIC Photo 1
Restaurant for sale in Melbourne city, VIC
For Sale $280,000

Restaurant for sale in VIC

Food/Hospitality
VIC
For Sale $280,000

Business Details

Restaurant - Bar - Brisbane CBD



Restaurant - Bar - Brisbane CBD - Agent SBX Code Number: GVC1047

Restaurant - bar serving authentic Asian curries, noodles and a variety of rice dishes.- Delectable entrees, salads, desserts - corporate functions, weddings and birthday parties are sought after by the clientele. - 44 seats outside - 44 seats inside.

Potential
Could open fine dining on Saturdays and possibly on Sundays. - Would suit a family operation.

Features
Popular for after work drinks.- Repeat corporate clients. - Well known. - Can be run under management. - Long lease.

Premises
This business has an area of 254 sq. mts. of formal seating indoors as well as outdoor seating.

Location
Situated in heart of the CBD surrounded by corporate buildings and customers.

Trading Hours
5 days - Mon. - Fri. - 12 noon - 11 p.m.

Lease
5 + 5 + 5 + 5 year lease commenced May, 2009.

Employees
2 owners + 4 casuals

Comments
Owners willing to share their signature recipes with the new buyer. - Over $100,000 spent on renovation and refurbishment. - Training will be provided for up to 1 month if required. - Equipment includes coffee machine, deep fryer, commercial dishwasher, 3 freezers, 4 fridges, 1 deep flyer, 1 stove, 1 wok burner.

Figures
Weekly Sales $8000
Rent (ex GST) $1850
Wages $1200
Profit $2732

Agent SBX Code Number: GVC1047 - SBX Business Brokers

  • Last Updated May 2015
  • 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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SBX Business Brokers
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