Visit this listing at https://www.sbx.com.au/business?id=F3146

Business Code: F3146

Key Features: Profit $12,000 pw - Sales $35,000 pw - Great location - Profit Chatswood area Nsw

State: NSW

Suburb: Chatswood, 2069

Location: Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Description

Restaurant & wine bar serving modern Vietnamese cuisine. - The restaurant is fully licensed and has indoor and outdoor seating for 150 seats. - Brand new premium fit out. - Full open commercial kitchen with cool room facing the main dining room. - Stunning Wine Bar counter fitted with latest WiFi POS system. - High ceilings throughout the restaurant with large storage.Wide frontage.

Summary

  • Features: Little competition for this style of cuisine. - High profit margins. - Long lease. - Low rent for the size and location of the business. - Hot location.
  • Potential: To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week
  • Premises: Very warm and modern design with selected rustic recycled timber and an area of 200 sq. mts.
  • Trading Hours: 7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.
  • Lease: 10 + 10 year lease from July, 2015 - fixed 3 % increases p.a. - 3 months bond
  • Employees: 2 working owners + 11 rotating casuals .
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$35,000

Cost of Goods

$7,000

Gross Profit

$28,000

Rent

$3,140

Wages

$7,000

Outgoings

$175

Telephone

$35

Insurance

$52

Electricity

$175

Gas

$200

Misc1

$5,223

Total Expenses

$16,000

Estimated Stock (Additional)

$10,000

Net Profit

$12,000

Price

$580,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Retaurant - Bar -Vietnamese Cuisine

Business Code: F3146
Price: $580,000

Key Features: Profit $12,000 pw - Sales $35,000 pw - Great location - Profit Chatswood area Nsw

State: NSW

Suburb: Chatswood, 2069

Location: Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Description

Restaurant & wine bar serving modern Vietnamese cuisine. - The restaurant is fully licensed and has indoor and outdoor seating for 150 seats. - Brand new premium fit out. - Full open commercial kitchen with cool room facing the main dining room. - Stunning Wine Bar counter fitted with latest WiFi POS system. - High ceilings throughout the restaurant with large storage.Wide frontage.

Summary

  • Features: Little competition for this style of cuisine. - High profit margins. - Long lease. - Low rent for the size and location of the business. - Hot location.
  • Potential: To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week
  • Premises: Very warm and modern design with selected rustic recycled timber and an area of 200 sq. mts.
  • Trading Hours: 7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.
  • Lease: 10 + 10 year lease from July, 2015 - fixed 3 % increases p.a. - 3 months bond
  • Employees: 2 working owners + 11 rotating casuals .
  • Sale Reason: Other business interests.
  • Comments: The high standard of food for locals, passing trade and tourists makes this a number one destination for food and wine lovers. - The rent includes outdoor seating and storage. - Inspection is highly recommended - A must to inspect. - Please do not talk to any staff when visiting the business.
    Alfresco dining fully under cover.

Weekly Summary

Weekly Takings
(inc GST)

$35,000

Cost of Goods

$7,000

Gross Profit

$28,000

Rent (ex GST)

$3,140

Wages

$7,000

Outgoings

$175

Telephone

$35

Insurance

$52

Electricity

$175

Gas

$200

Misc1

$5,223

Total Expenses

$16,000

Estimated Stock (Additional)

$10,000

Net Profit

$12,000

Price

$580,000

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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.