Visit this listing at https://www.sbx.com.au/business?id=FN1034

Business Code: FN1034

Key Features: Easy to run

State: NSW

Suburb: Kirribilli

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

Description

Restaurant serving Spanish style tapas with Asian flavors. - Fully licensed. - full commercial kitchen - 50 seats inside - 30 seats outside.

Summary

  • Features: Under full management - Well established. - Very popular with the locals
  • Potential: Owner operater can save on wages -Could open 7 days for breakfast and lunch trading. - Could introduce takeaway, home delivery, catering and functions.
  • Premises: This business has an area of 250 sq. mts. with separate male and female toilets.
  • Trading Hours: 7 days - Mon.- Thur. - 5:30 p.m. - 10:30 p.m. -Fri. -Sat. - 12 p.m.- 3 p.m.- 5:30 p.m. -10:30 p.m. - Sun.- 11 a.m.- 3 p.m. - 5:30 p.m.-10:30 p.m.
  • Lease: 3 + 3 year lease with 2 years remaining - New lease available, - 3% increases per year - 3 months bond.
  • Employees: 4 staff every night
  • Comments: Rent includes all outgoings. -Ready to go with nothing to spend.

Weekly Summary

Weekly Takings (inc GST)

$19,618

Cost of Goods

$5,400

Gross Profit

$14,218

Rent

$1,717

Wages

$5,000

Telephone

$30

Insurance

$30

Electricity

$280

Gas

$200

Misc1

$50

Total Expenses

$7,307

Estimated Stock (Additional)

$5,000

Net Profit

$6,911

Price

$380,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Asian

Business Code: FN1034
Price: $380,000

Key Features: Easy to run

State: NSW

Suburb: Kirribilli

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

Description

Restaurant serving Spanish style tapas with Asian flavors. - Fully licensed. - full commercial kitchen - 50 seats inside - 30 seats outside.

Summary

  • Features: Under full management - Well established. - Very popular with the locals
  • Potential: Owner operater can save on wages -Could open 7 days for breakfast and lunch trading. - Could introduce takeaway, home delivery, catering and functions.
  • Premises: This business has an area of 250 sq. mts. with separate male and female toilets.
  • Trading Hours: 7 days - Mon.- Thur. - 5:30 p.m. - 10:30 p.m. -Fri. -Sat. - 12 p.m.- 3 p.m.- 5:30 p.m. -10:30 p.m. - Sun.- 11 a.m.- 3 p.m. - 5:30 p.m.-10:30 p.m.
  • Lease: 3 + 3 year lease with 2 years remaining - New lease available, - 3% increases per year - 3 months bond.
  • Employees: 4 staff every night
  • Comments: Rent includes all outgoings. -Ready to go with nothing to spend.

Weekly Summary

Weekly Takings
(inc GST)

$19,618

Cost of Goods

$5,400

Gross Profit

$14,218

Rent (ex GST)

$1,717

Wages

$5,000

Telephone

$30

Insurance

$30

Electricity

$280

Gas

$200

Misc1

$50

Total Expenses

$7,307

Estimated Stock (Additional)

$5,000

Net Profit

$6,911

Price

$380,000

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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.