Visit this listing at https://www.sbx.com.au/business?id=FN1105

Business Code: FN1105

Key Features: Well established

State: NSW

Suburb: North Sydney, 2060

Location: Brilliant location in high thoroughfare area on Lower North Shore surrounded by offices, apartments

Description

Restaurant selling a variety of high quality sushi, traditional and modern Japanese cuisine - Main menu includes combinations of grilled and fried hot foods, sushi rolls, sashimi, tonbury, party platters and udong - 40 seats inside - 32 seats outside - full commercial kitchen- licenced

Summary

  • Features: Stable business - Good location - High visibility with huge passing trade - Low rent
  • Potential: More marketing within the local area for catering as this has become popular - Could open at night and on the weekend. - Owner chef can save on wages
  • Premises: Very well presented shop with an area of 80 sq.mts.+ outdoor dinning ares of 65 sq.mts.
  • Trading Hours: 5 days - Mon. - Fri. - 11:30 a.m. ~ 9:30 p.m.
  • Lease: 5 + 5 year lease commenced March, 2011 - New lease available- 3 month bank guarantee - 4% annual rental increases
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$19,000

Cost of Goods

$5,700

Gross Profit

$13,300

Rent

$1,400

Wages

$5,540

Telephone

$40

Insurance

$30

Electricity

$290

Gas

$137

Total Expenses

$7,437

Estimated Stock (Additional)

$5,000

Net Profit

$5,863

Price

$380,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Japanese Cuisine - Restaurant

Business Code: FN1105
Price: $380,000
+ Estimated SAV $5,000

Key Features: Well established

State: NSW

Suburb: North Sydney, 2060

Location: Brilliant location in high thoroughfare area on Lower North Shore surrounded by offices, apartments

Description

Restaurant selling a variety of high quality sushi, traditional and modern Japanese cuisine - Main menu includes combinations of grilled and fried hot foods, sushi rolls, sashimi, tonbury, party platters and udong - 40 seats inside - 32 seats outside - full commercial kitchen- licenced

Summary

  • Features: Stable business - Good location - High visibility with huge passing trade - Low rent
  • Potential: More marketing within the local area for catering as this has become popular - Could open at night and on the weekend. - Owner chef can save on wages
  • Premises: Very well presented shop with an area of 80 sq.mts.+ outdoor dinning ares of 65 sq.mts.
  • Trading Hours: 5 days - Mon. - Fri. - 11:30 a.m. ~ 9:30 p.m.
  • Lease: 5 + 5 year lease commenced March, 2011 - New lease available- 3 month bank guarantee - 4% annual rental increases
  • Employees: 2 owners + 2 fulltimers + 3 casuals
  • Sale Reason: Other business venture
  • Comments: Short trading hours and stable business - a must inspect - Outgoings included in rent

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$19,000

Cost of Goods

$5,700

Gross Profit

$13,300

Rent (ex GST)

$1,400

Wages

$5,540

Telephone

$40

Insurance

$30

Electricity

$290

Gas

$137

Total Expenses

$7,437

Estimated Stock (Additional)

$5,000

Net Profit

$5,863

Price

$380,000
+ Estimated SAV $5,000

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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.