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Restaurant - Steakhouse - Franchise -Bar - Central Coast - (Code: F3198)

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Price: $350,000






Weekly Takings (inc GST) $31,000
Cost of Goods $7,045
Gross Profit $23,955
Rent $6,363
Wages $5,500
Outgoings $
Telephone $30
Insurance $100
Electricity $610
Gas $269
Misc 1 $1,690
Misc 2 $1,393
Total Expenses $15,955
Net Profit $8,000
Coffee Kilos P/W 0.0

Estimated Stock

$10,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant steak house with a menu offering American style favourites such as prime grain fed beef, basted beef , lamb, pork ribs, salads, seafood and burgers. - Full bar with cocktail menu - Large format seating - Provides exceptional value for money in a relaxed family environment. - Staff already in place - The Franchisor has over 15 years experience in franchising and offers you full support in all areas of ongoing operation. - Selling at less than fitout cost. - 150 seats inside.

Potential
To do more marketing in the local area. - High population growth area.

Features
Long lease - Excellent location. - Amazing concept and brand with proven business model. - Fully systemised operation with complete training and set up.

Premises
Large premises with full kitchen and open bar and an area of 220 sq. mts.

Location
Prime location in heart of major shopping centre in Central Coast.

Trading Hours
7 days - 11 a.m. to 8.30 p.m.

Lease
9 year lease + 5 + 5 year options - 2 month bond , cpi annual rental imcreases

Employees
One full time owner + 23 casuals

Comments
The franchisor has a relationship with a major Australian bank to offer approved applicants automatic 50% finance unsecured plus balance if required secured at competitive rates, and the company provides ongoing support with group purchasing arrangements, national advertising and operations. - No experience is necessary as full training, and advertising support with local state and national campaigns is provided to suitable applicants. - 2 page non disclosure is to be signed prior to name and address of the business being given.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3198

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