Visit this listing at https://www.sbx.com.au/business?id=FN1031W

Business Code: FN1031W

Key Features: Good lease

State: NSW

Suburb: Balmain, 2041

Location: Situated on a busy main road in trendy Inner West suburb with high volume of pedestrian and passing traffic, surrounded by fashion shops and busy retail outlets.

Description

Restaurant -cafe serving quality modern Australian and Japanese cuisine, coffee, desserts - fully licensed - full kitchen, storage and cool room - 24 seats outside- 80 seats inside.

Summary

  • Features: Prime location on a busy commercial street - Huge potential - Good clientele - Great outdoor seating area.
  • Potential: Could open for breakfast trading. - Chance to introduce takeaway, home delivery, catering and functions - Perfect for an owner chef to save on wages.
  • Premises: This business has an area of 84 sq.mts. with function rooms on the 2nd floor
  • Trading Hours: 6 days - Monday closed - Tues. - Sun. - 5 p.m. - 10 p.m. (dinner only)
  • Lease: Current lease commenced October, 2015 - 5 + 5 year option - C.P.I. increases - 3 months bond.
  • Employees: 2 owners + 2 fulltimers + 2 parttimers
  • Comments: Rent includes all outgoings. - The vendor owns the commercial coffee machine. Sales for low season $9,500 p.w. - High season $13,500 p.w. - Average $11,500 p.w.

Weekly Summary

Weekly Takings (inc GST)

$11,500

Cost of Goods

$3,105

Gross Profit

$8,395

Rent

$1,922

Wages

$2,550

Telephone

$35

Insurance

$70

Electricity

$120

Gas

$100

Misc1

$598

Total Expenses

$5,395

Estimated Stock (Additional)

$5,000

Net Profit

$3,000

Price

$85,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Japanese Cuisine - Australian Cuisine

Business Code: FN1031W
Price: $85,000

Key Features: Good lease

State: NSW

Suburb: Balmain, 2041

Location: Situated on a busy main road in trendy Inner West suburb with high volume of pedestrian and passing traffic, surrounded by fashion shops and busy retail outlets.

Description

Restaurant -cafe serving quality modern Australian and Japanese cuisine, coffee, desserts - fully licensed - full kitchen, storage and cool room - 24 seats outside- 80 seats inside.

Summary

  • Features: Prime location on a busy commercial street - Huge potential - Good clientele - Great outdoor seating area.
  • Potential: Could open for breakfast trading. - Chance to introduce takeaway, home delivery, catering and functions - Perfect for an owner chef to save on wages.
  • Premises: This business has an area of 84 sq.mts. with function rooms on the 2nd floor
  • Trading Hours: 6 days - Monday closed - Tues. - Sun. - 5 p.m. - 10 p.m. (dinner only)
  • Lease: Current lease commenced October, 2015 - 5 + 5 year option - C.P.I. increases - 3 months bond.
  • Employees: 2 owners + 2 fulltimers + 2 parttimers
  • Comments: Rent includes all outgoings. - The vendor owns the commercial coffee machine. Sales for low season $9,500 p.w. - High season $13,500 p.w. - Average $11,500 p.w.

Weekly Summary

Weekly Takings
(inc GST)

$11,500

Cost of Goods

$3,105

Gross Profit

$8,395

Rent (ex GST)

$1,922

Wages

$2,550

Telephone

$35

Insurance

$70

Electricity

$120

Gas

$100

Misc1

$598

Total Expenses

$5,395

Estimated Stock (Additional)

$5,000

Net Profit

$3,000

Price

$85,000

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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.