Visit this listing at https://www.sbx.com.au/business?id=G1674

Business Code: G1674

Key Features: Sales $42,000 pw -Profit $12281 pw for 2 Outlets - Burgers - Restaurant

State: NSW

Suburb: Sydney

Location: 2 locations are available - One in the Eastern Suburbs & the other in the Inner West.

Description

Takeaway - Restaurant - 2 outlets - New burger concept offering an award-winning multi-national burger menu along with new and exciting features such as fried chicken, nachos & quesadillas, soft serves, and milkshakes. - 80 seats inside over the 2 locations - This concept is now ready for expansion into a multi-store group or potential for a franchise opportunity.

Summary

  • Features: New burger concept. - Excellent long leases. - Both outlets have very reasonable rents.
  • Potential: Could grow this new concept into a multi store operation. - Easy to franchise. -Potential for growth in the newest outlet with a liquor license and outdoor seating.
  • Premises: Both sites approx 100 sq mts. each
  • Trading Hours: 7 days - Mon. - Thurs. - 11.30 a.m. - 11 p.m. - Fri. & Sat. to 12 p.m. & Sun. - 10 p.m.
  • Lease: Both outlets have a 3 yr. + 5 yr. lease commenced in 2017 - C.P.I. increases + 3 month bond.
  • Employees: 2 owners + 8 fulltimers + 4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$42,000

Cost of Goods

$11,500

Gross Profit

$30,500

Rent

$3,589

Wages

$8,200

Telephone

$80

Insurance

$170

Electricity

$750

Gas

$430

Misc1

$4,000

Misc2

$1,000

Total Expenses

$18,219

Estimated Stock (Additional)

$15,000

Net Profit

$12,281

Price

$750,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Burgers - Takeaway - Restaurant

Business Code: G1674
Price: $750,000

Key Features: Sales $42,000 pw -Profit $12281 pw for 2 Outlets - Burgers - Restaurant

State: NSW

Suburb: Sydney

Location: 2 locations are available - One in the Eastern Suburbs & the other in the Inner West.

Description

Takeaway - Restaurant - 2 outlets - New burger concept offering an award-winning multi-national burger menu along with new and exciting features such as fried chicken, nachos & quesadillas, soft serves, and milkshakes. - 80 seats inside over the 2 locations - This concept is now ready for expansion into a multi-store group or potential for a franchise opportunity.

Summary

  • Features: New burger concept. - Excellent long leases. - Both outlets have very reasonable rents.
  • Potential: Could grow this new concept into a multi store operation. - Easy to franchise. -Potential for growth in the newest outlet with a liquor license and outdoor seating.
  • Premises: Both sites approx 100 sq mts. each
  • Trading Hours: 7 days - Mon. - Thurs. - 11.30 a.m. - 11 p.m. - Fri. & Sat. to 12 p.m. & Sun. - 10 p.m.
  • Lease: Both outlets have a 3 yr. + 5 yr. lease commenced in 2017 - C.P.I. increases + 3 month bond.
  • Employees: 2 owners + 8 fulltimers + 4 casuals
  • Sale Reason: Owner has another business concept that he wants to develop.
  • Comments: Rent shown includes a 2 bedroom apartment in the upstairs of the Eastern Suburbs outlet. - This apartment could be sub-leased for $700 p.w.. - Miscell. - 1 - Other expenses + garbage collection - Miscell. -2 - gst paid. - Also available as a single outlet see G1705

Weekly Summary

Weekly Takings
(inc GST)

$42,000

Cost of Goods

$11,500

Gross Profit

$30,500

Rent (ex GST)

$3,589

Wages

$8,200

Telephone

$80

Insurance

$170

Electricity

$750

Gas

$430

Misc1

$4,000

Misc2

$1,000

Total Expenses

$18,219

Estimated Stock (Additional)

$15,000

Net Profit

$12,281

Price

$750,000

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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.