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Restaurant - Modern Australian Cuisine - Upper North Shore - (Code: GN1287)

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Price: $230,000






Weekly Takings (inc GST) $11,500
Cost of Goods $3,000
Gross Profit $8,500
Rent $2,161
Wages $2,500
Outgoings $350
Telephone $
Insurance $40
Electricity $200
Gas $150
Misc 1 $
Misc 2 $
Total Expenses $5,401
Net Profit $3,099
Coffee Kilos P/W 0.0

Estimated Stock

$10,000
(Additional)

Equipment

$100,000
(Included)
All other values
exclude GST
General Description
Restaurant serving Modern Australian cuisine with a selection of entrees and mains consisting of beef, fish, pork, chicken, pasta and desserts. - Childrens menu also available. - Large covered balcony with 45 seats outside - 60 seats inside. - Licenced.

Potential
Open for breakfast weekends, open Sunday - Mondays.

Features
Good reputation - Strong support from locals. - Top rating

Premises
Well presented restaurant with an area of 145 m2 inside and 25 m2 undercover balcony plus separate mens and ladies toilets.

Location
Situated in leafy shopping village on Sydney's Upper North Shore.

Trading Hours
5 days - Tues. - Sat. - 12 noon - 2.30 p.m. - 5.30 p.m. - 9.30 p.m.

Lease
Current lease expires 7th September, 2019 + 3 + 3 year option. - 3 months bank guarantee - Annual C.P.I. increases.

Employees
2 owners working only 1 day a week + 1 chef + 6 casuals.

Comments
Closed all public holidays and 2 - 3 weeks over Christmas. - Generous fully equipped kitchen with walk in cool room plus coffee machine and grinder.

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

SBXGN1287

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