Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $150,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $150,000

Business Details

Restaurant - Takeaway - Korean Cuisine - City Fringe

\nRestaurant - Takeaway - Korean Cuisine - City Fringe - Agent SBX Code Number: FN1014

Restaurant serving Korean cuisine including fresh home style Korean entrees, pancakes, main meals, noodles, seafood, salads - full kitchen with cool room and storage area - 40 seats. - convenient back yard for cooking - two rooms included upstairs.

Potential
Open more hours - could do promotions and marketing - suit any cuisine

Features
A local icon - No competition - Low rent - Fully renovated in August

Premises
This business has an area of 108 sq .mtrs. including main restaurant, kitchen, garage, 2 rooms upstairs and 1 toilet

Location
Situated on busy main road in the City fringe close to residential and commercial buildings surrounded cafes and restaurants.

Trading Hours
7 days- Mon. - Wed. - 5 p.m.- 10 p.m.- Thurs..- Sun. - 1130 a.m.- 3 p.m. - 5 p.m.- 10 p.m.

Lease
New lease commenced June 2015 - Expires June. 2018 + 5 year option - 3% increases - 4 month bond

Employees
2 owners + 1 casual

Comments
Upstairs 2 bedrooms (no separate entrance) can be used as accommodation.

Figures
Weekly Sales $6000
Rent (ex GST) $972
Wages $500
Profit $2380

Agent SBX Code Number: FN1014 - SBX Business Brokers

  • Last Updated April 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
1 Photo

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