Visit this listing at https://www.sbx.com.au/business?id=F3297

Business Code: F3297

Key Features: Restaurant - Mediterranean - Sales $18000 p.w - Surry Hills - Profit $3,500 p.w

State: NSW

Suburb: Surry Hills, 2010

Location: Amazing location on prime street front corner in City Fringe area.

Description

Restaurant serving Lebanese, Mediterranean, Grills, Middle Eastern, vegetarian friendly food - popular share plates including cocktail bar (10 seats) . - Lebanese classic dishes transformed into modern fresh dishes with a twist - Offers al fresco dining as well as a large indoor seating area. - Drinks list consists of a variety of wines and brews from Australian and overseas. - The average spend per head is $75 - $80 - Fully equipped kitchen and bar - Male and female toilets - Walk in coolroom and freezer - Separate dish washing area. - 20 seats outside - 70 seats inside. - Licenced - Stock $15000 extra

Summary

  • Features: Top location - Good online review ratings. - Great profits.
  • Potential: To do more social media marketing to promote the business. - Further potential to grow awareness and sales growth through online ordering through Uber Eats, Menu Log, Eat Now and Diliveroo.
  • Premises: Beautifully presented premises with an area of 140 sq.mts. with out door seating and full kitchen at rear.
  • Trading Hours: 6 days - Monday closed - Tues. - Thurs. - 5 p.m.- 10 p.m. - Fri. - Sat. - 12 p.m.- 11 p.m. - Sun. - 12 p.m.- 10 p.m.
  • Lease: Current lease expires 12th May, 2021 + 5 year option - 4% annual C.P.I. increases - 6 month bank guarantee
  • Employees: One chef + two kitchen hands + 3 - 4 casuals (Tues. -Thurs.) and 5 - 6 casuals (Friday night and weekends).
  • Comments: The business has built up a loyal following of regular customers through online mediums such as instagram and facebook and many other online media platforms. - A must to inspect.- Approved council hours - Monday - Saturday - 7.30 a.m. - 11 p.m. - Sunday - 7.30 a.m. - 10 p.m. - Sunday 7.30 a.m. - 10 p.m. Liquor License Alcohol Consumption on Premises .Monday to Saturday 10 a.m. - 11 p.m. - Sunday 10am - 10pm.

Weekly Summary

Weekly Takings (inc GST)

$18,000

Cost of Goods

$5,040

Gross Profit

$12,960

Rent

$2,799

Wages

$4,000

Telephone

$20

Insurance

$80

Electricity

$300

Gas

$150

Misc1

$2,281

Total Expenses

$9,460

Estimated Stock (Additional)

$15,000

Net Profit

$3,500

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant -Tapas - Cafe - Mediterranean Cuisine

Business Code: F3297
Price: $80,000

Key Features: Restaurant - Mediterranean - Sales $18000 p.w - Surry Hills - Profit $3,500 p.w

State: NSW

Suburb: Surry Hills, 2010

Location: Amazing location on prime street front corner in City Fringe area.

Description

Restaurant serving Lebanese, Mediterranean, Grills, Middle Eastern, vegetarian friendly food - popular share plates including cocktail bar (10 seats) . - Lebanese classic dishes transformed into modern fresh dishes with a twist - Offers al fresco dining as well as a large indoor seating area. - Drinks list consists of a variety of wines and brews from Australian and overseas. - The average spend per head is $75 - $80 - Fully equipped kitchen and bar - Male and female toilets - Walk in coolroom and freezer - Separate dish washing area. - 20 seats outside - 70 seats inside. - Licenced - Stock $15000 extra

Summary

  • Features: Top location - Good online review ratings. - Great profits.
  • Potential: To do more social media marketing to promote the business. - Further potential to grow awareness and sales growth through online ordering through Uber Eats, Menu Log, Eat Now and Diliveroo.
  • Premises: Beautifully presented premises with an area of 140 sq.mts. with out door seating and full kitchen at rear.
  • Trading Hours: 6 days - Monday closed - Tues. - Thurs. - 5 p.m.- 10 p.m. - Fri. - Sat. - 12 p.m.- 11 p.m. - Sun. - 12 p.m.- 10 p.m.
  • Lease: Current lease expires 12th May, 2021 + 5 year option - 4% annual C.P.I. increases - 6 month bank guarantee
  • Employees: One chef + two kitchen hands + 3 - 4 casuals (Tues. -Thurs.) and 5 - 6 casuals (Friday night and weekends).
  • Comments: The business has built up a loyal following of regular customers through online mediums such as instagram and facebook and many other online media platforms. - A must to inspect.- Approved council hours - Monday - Saturday - 7.30 a.m. - 11 p.m. - Sunday - 7.30 a.m. - 10 p.m. - Sunday 7.30 a.m. - 10 p.m. Liquor License Alcohol Consumption on Premises .Monday to Saturday 10 a.m. - 11 p.m. - Sunday 10am - 10pm.

Weekly Summary

Weekly Takings
(inc GST)

$18,000

Cost of Goods

$5,040

Gross Profit

$12,960

Rent (ex GST)

$2,799

Wages

$4,000

Telephone

$20

Insurance

$80

Electricity

$300

Gas

$150

Misc1

$2,281

Total Expenses

$9,460

Estimated Stock (Additional)

$15,000

Net Profit

$3,500

Price

$80,000

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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.