Restaurant - Malaysian Cuisine

Business Code: MF1002


Key Features: Prime location

State: NSW

Location: Prime location in busy shopping street in Inner West.

Description

Restaurant serving Malaysian cuisine including laksa soup, fried rice, curry noodles, whole steamed fish and special menu. - Home made milk drinks. - Well set up kitchen featuring large exhaust, cool room. - Mon. -Fri. - morning 4:00- 8:00 average sales are over $3000 with lots of workers. - 60 seats inside.

Summary

  • Features: Good location.- No competition.

  • Potential: A motivated owner operator or couple could save $1300 on wages. - Could add more online takeaways.

  • Premises: This business has an area of 220 m2 with big kitchen.

  • Trading Hours: 7 days - Mon. - Sat. - 4 a.m.- 10 p.m. - Sun. - 9 a.m.- 10 p.m.

  • Lease: Current lease expires 30 Nov. 2021. - New 5 years lease should be approved - 4% increases per year - $75000 bond

  • Employees: Under Management - 5 fulltimers + 5 casuals

  • Comments: Great business, please do not approach the vendors or staff without liasing with the broker first. - Buyers must sign a two page confidentiality agreement before being given address.

Weekly Summary

Weekly Takings
(inc GST)

$44,500

Cost of Goods

$15,575

Gross Profit

$28,925

Rent

$4,545

Wages

$15,000

Outgoings

$209

Telephone

$50

Insurance

$125

Electricity

$534

Gas

$1,000

Misc1

$256

Total Expenses

$21,719

Estimated Stock (Additional)

$10,000

Net Profit

$7,206

Price

$580,000

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