Takeaway - Restaurant

Business Code: GVB1011


Key Features: Well known

State: VIC

Location: Situated in excellent food and tourist precinct in Melbourne City fringe with great exposure and surrounding tram and train stops .

Description

Takeaway - restaurant serving a wide variety of Malaysian street food, soups, noodles, dumplings and stir fries - Both dine in and takeaway or home delivery. - Prides itself on quick service - 22 seats inside and 6 outside - full kitchen

Summary

  • Features: Very famous and loved street food restaurant in the area. - Consistent sales weekly - Online ordering. - Loyal local customer base - Little venue but extremely nicely designed

  • Potential: Opening hours could be largely extended - Weekend opening could be considered - Home deliveries could be expanded - Potential to be developed into a fast street food franchise

  • Premises: Well maintained restaurant with an area of 60 sq. mts.

  • Trading Hours: 5 days - Tues. to Sat. - 5.30 p.m. - 9.30 p.m.

  • Lease: Currnet lease just renewed in August 2018 for 3 more years - 3 months bond - No annual increases

  • Employees: 2 owners + 1 casual

  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$3,500

Cost of Goods

$600

Gross Profit

$2,900

Rent

$550

Wages

$600

Outgoings

$42

Telephone

$11

Insurance

$85

Electricity

$39

Gas

$30

Misc1

$10

Misc2

$10

Total Expenses

$1,377

Estimated Stock (Additional)

$1,500

Equipment (Included)

$15,000

Net Profit

$1,523

Price

$59,000

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