Visit this listing at https://www.sbx.com.au/business?id=G1705

Business Code: G1705

Key Features: Takeaway - Burgers - Restaurant - Cafe - New burger concept - Award winning.

State: NSW

Suburb: Glebe, 2037

Location: Well located on a very busy eat street in the Inner West / City Fringe close to University.

Description

Takeaway - Restaurant - Cafe - New burger concept offering an award-winning multi-national burger menu along with new and exciting features such as fried chicken, coffee and milkshakes. - A license will be made available to be able to trade as part of this new multi store operation. - Seating for 48 inside & 20 outside.

Summary

  • Features: New burger concept. - Excellent long lease. - Very reasonable rent. - Established regular customer base. - Winner of Outstanding Fast Food & Takeaway Business of the Year 2016.
  • Potential: A new hands on active owner operator could easily increase sales, reduce wages and increase profits. - Could add more local catering.
  • Premises: This business has an area of 185 sq. mts. including a commercial kitchen.
  • Trading Hours: 6 Days - 12pm - 8pm (closed Tuesday)
  • Lease: 3 + 3 + 5 year lease expires March 2025. - Annual increases C.P.I. - 3 months rental bond
  • Employees: 1 owner + 2 fulltimers + 2 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,000

Cost of Goods

$2,250

Gross Profit

$6,750

Rent

$1,773

Wages

$2,000

Outgoings

$73

Telephone

$20

Insurance

$50

Electricity

$327

Gas

$126

Misc1

$800

Misc2

$300

Total Expenses

$5,469

Estimated Stock (Additional)

$3,000

Net Profit

$1,281

Price

$50,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Burgers - Restaurant - Cafe

Business Code: G1705
Price: $50,000

Key Features: Takeaway - Burgers - Restaurant - Cafe - New burger concept - Award winning.

State: NSW

Suburb: Glebe, 2037

Location: Well located on a very busy eat street in the Inner West / City Fringe close to University.

Description

Takeaway - Restaurant - Cafe - New burger concept offering an award-winning multi-national burger menu along with new and exciting features such as fried chicken, coffee and milkshakes. - A license will be made available to be able to trade as part of this new multi store operation. - Seating for 48 inside & 20 outside.

Summary

  • Features: New burger concept. - Excellent long lease. - Very reasonable rent. - Established regular customer base. - Winner of Outstanding Fast Food & Takeaway Business of the Year 2016.
  • Potential: A new hands on active owner operator could easily increase sales, reduce wages and increase profits. - Could add more local catering.
  • Premises: This business has an area of 185 sq. mts. including a commercial kitchen.
  • Trading Hours: 6 Days - 12pm - 8pm (closed Tuesday)
  • Lease: 3 + 3 + 5 year lease expires March 2025. - Annual increases C.P.I. - 3 months rental bond
  • Employees: 1 owner + 2 fulltimers + 2 casuals
  • Sale Reason: Owner wants to expand the concept into new sites.
  • Comments: Misc. - 1 - Uber Eats & Deliveroo. - Misc. - 2 - packaging, stationery + other expenses. - Buyer must have industry experience. - A second outlet is also available see G1674 - Note - Name and website not included in the sale.

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

Weekly Summary

Weekly Takings
(inc GST)

$9,000

Cost of Goods

$2,250

Gross Profit

$6,750

Rent (ex GST)

$1,773

Wages

$2,000

Outgoings

$73

Telephone

$20

Insurance

$50

Electricity

$327

Gas

$126

Misc1

$800

Misc2

$300

Total Expenses

$5,469

Estimated Stock (Additional)

$3,000

Net Profit

$1,281

Price

$50,000

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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.