Visit this listing at https://www.sbx.com.au/business?id=CB1517

Business Code: CB1517

Key Features: Restaurant -Takeaway - Mediterranean Cuisine - Nets over $4000 p.w.

State: NSW

Suburb: Dural, 2158

Location: Prominent location in busy shopping complex in iconic NW Sydney outer suburb.

Description

Restaurant, beautifully presented and established for over 10 years, offering a delicious choice of authentic Mediterranan cuisine for lunch and dinner, with takeaway also available. The comprehensive Greek -themed menu offers a wide choice of starters including spanakopita, meze plate, feta and olive plate, melinzana stack and dips, with lunch and dinner menus presenting a mouth-watering selection of popular seafood, meat, salads and vegetarian options,with desserts rounding out the dining experience. A well equipped bar offering cocktails, wines, spirits and beers is complemented by coffee and other beverage choices. There is a strong demand for catering throughout the year, with UberEats available. The kitchen is modern and well presented and features 6 burner gas stove and oven, deep fryers and large coolroom, and ample fridge and freezer capacity.

Summary

  • Features: Great location - Strong local support - Long established - Excellent ratings - Very popular menu selections available, with the takeaway options also enjoying considerable support.
  • Potential: The restaurant currently offers a Mediterranian themed cuisine but easily lends itself to other styles of cuisine if desired, as the decor is essentially neutral.
  • Premises: Delightful light - filled premises, refurbished in 2023, with a vibrant decor, an excellent well equipped kitchen and ample storage including a basement area and a total area of 100 sq.mts.
  • Trading Hours: 6 days - Tuesday: 5.30 pm to 9.00 pm. Wednesday & Thursday: 12.00 pm to 2.30 pm. & 5.30 pm to 9.00 pm. Friday to Sunday: 12.00 pm to 2.30 pm. & 5.00 . pm to 9.30 pm. Closed Monday.
  • Lease: 5 + 5 + 5 years lease commenced May 2021 - CPI increases - Bond 3 months.
  • Employees: 2 owners + 1 full time chef + 8 casuals.
  • Sale Reason: Time to move on.
  • Comments: Misc.- 1 - Sundry kitchen items - Misc.- 2 - IT and software ($100) Linen ($40) Waste disposal ($40) - 2 Group coffee machine included in sale - Owners wage added back to reflect buyer / operator.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$17,240

Cost of Goods

$4,515

Gross Profit

$12,725

Rent

$1,620

Wages

$5,700

Outgoings

$20

Telephone

$100

Insurance

$170

Electricity

$375

Misc1

$175

Misc2

$180

Total Expenses

$8,340

Estimated Stock (Additional)

$10,000

Equipment (Included)

$175,000

Net Profit

$4,385

Price

$330,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Mediterranean

Business Code: CB1517
Price: $330,000
+ Estimated Stock (SAV) $10,000

Key Features: Restaurant -Takeaway - Mediterranean Cuisine - Nets over $4000 p.w.

State: NSW

Suburb: Dural, 2158

Location: Prominent location in busy shopping complex in iconic NW Sydney outer suburb.

Business Overview

Restaurant, beautifully presented and established for over 10 years, offering a delicious choice of authentic Mediterranan cuisine for lunch and dinner, with takeaway also available. The comprehensive Greek -themed menu offers a wide choice of starters including spanakopita, meze plate, feta and olive plate, melinzana stack and dips, with lunch and dinner menus presenting a mouth-watering selection of popular seafood, meat, salads and vegetarian options,with desserts rounding out the dining experience. A well equipped bar offering cocktails, wines, spirits and beers is complemented by coffee and other beverage choices. There is a strong demand for catering throughout the year, with UberEats available. The kitchen is modern and well presented and features 6 burner gas stove and oven, deep fryers and large coolroom, and ample fridge and freezer capacity.

Summary

  • Key Features: Great location - Strong local support - Long established - Excellent ratings - Very popular menu selections available, with the takeaway options also enjoying considerable support.
  • Potential: The restaurant currently offers a Mediterranian themed cuisine but easily lends itself to other styles of cuisine if desired, as the decor is essentially neutral.
  • Premises: Delightful light - filled premises, refurbished in 2023, with a vibrant decor, an excellent well equipped kitchen and ample storage including a basement area and a total area of 100 sq.mts.
  • Trading Hours: 6 days - Tuesday: 5.30 pm to 9.00 pm. Wednesday & Thursday: 12.00 pm to 2.30 pm. & 5.30 pm to 9.00 pm. Friday to Sunday: 12.00 pm to 2.30 pm. & 5.00 . pm to 9.30 pm. Closed Monday.
  • Lease: 5 + 5 + 5 years lease commenced May 2021 - CPI increases - Bond 3 months.
  • Employees: 2 owners + 1 full time chef + 8 casuals.
  • Sale Reason: Time to move on.
  • Comments: Misc.- 1 - Sundry kitchen items - Misc.- 2 - IT and software ($100) Linen ($40) Waste disposal ($40) - 2 Group coffee machine included in sale - Owners wage added back to reflect buyer / operator.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures exclude GST

Weekly Takings

$17,240

Cost of Goods

$4,515

Gross Profit

$12,725

Rent

$1,620

Wages

$5,700

Outgoings

$20

Telephone

$100

Insurance

$170

Electricity

$375

Misc1

$175

Misc2

$180

Total Expenses

$8,340

Estimated Stock (Additional)

$10,000

Equipment (Included)

$175,000

Net Profit

$4,385

Price

$330,000
+ Estimated Stock (SAV) $10,000

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.