Restaurant - Indian Cuisine - Takeaway

Business Code: GNGDS1001


Key Features: Great rent

State: VIC

Suburb: Reservoir, 3073

Location: Situated on a busy Northern Melbourne main road opposite train station on large 6-street junction.

Description

Restaurant serving authentic South Indian vegetarian and non-vegetarian cuisine - menu includes dosas, idly, biryani, samosas, tandoori, curries, Indian street food etc. - very low maintenance costs & outgoings - commenced delivery services via Uber Eats and Menu Log. - 32 seats inside.

Summary

  • Features: Low running costs - Extensive foot traffic - Loyal existing customer base - BYO license - Very low rent

  • Potential: Could have a minor face lift with new paint and signage - addition of a coffee machine could boost profits significantly - more local advertising & social media - promote delivery services better - promote catering services better.

  • Premises: Cosy 54 sq. mt. restaurant with a full kitchen and lane way access for deliveries.

  • Trading Hours: 6 days - Tues. - Sun. - 11 a.m. - 10 p.m. - Closed Monday

  • Lease: Current lease expires September, 2024 - No annual increases - Bond 1 month rent.

  • Employees: 2 owner operators + 2 casuals

  • Comments: Owner prepared to offer two weeks free training to buyer if required.

Weekly Summary

Weekly Takings
(inc GST)

$4,000

Cost of Goods

$800

Gross Profit

$3,200

Rent

$461

Wages

$1,500

Outgoings

$25

Telephone

$21

Insurance

$39

Electricity

$104

Gas

$58

Misc1

$10

Total Expenses

$2,218

Estimated Stock (Additional)

$500

Equipment (Included)

$40,000

Net Profit

$982

Price

$76,500

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