Visit this listing at https://www.sbx.com.au/business?id=SF1336

Business Code: SF1336

Key Features: Sales $9,200 pw -Profit $2,300 p.w for 4 DAYS trade - Bar/ Rest - Low rent

State: NSW

Suburb: Erina, 2250

Location: Situated in the main business precinct surrounded by banks, hospitals and other businesses on the Central Coast.

Description

Restaurant- bar - takeaway selling fresh pizza, pasta, seafood, antipasto, bread, salads, desserts and cold drinks - Fully Licensed selling beer, wine and cocktails. - Full kitchen and a Monetti double deck pizza oven introduced in January 2019 - 40 seats inside and 8 seats outside. - $25,000 spent in February 2019 on twin 2 level Moretti Pizza Oven and other items.- Trading 4 Days per week - Figures shown are weekly average for 2019

Summary

  • Features: Excellent rent - Long lease - 4 days only - Good systems in place - Nothing to spend - Top fit out - Very popular - Lifestyle business - Uber Eats just added and one of the first to deliver in the area
  • Potential: Increase trading days and hours - Continue to grow this already popular business - Open for private functions and catering - Could open for breakfast- New upgrade on the highway from Sydney to Central Coast under construction -Growing area
  • Premises: Very beautiful, sleek and modern restaurant with a great bar and bar stools, dining area and an area of 120m2
  • Trading Hours: 4 days - Wed, Thursday and Sat. -5.30 pm to 10 p.m. Fri 12 pm -10 pm.
  • Lease: Current lease expires July, 2020 + 5 + 5 year options - C.P.I. increases - 3 month bond
  • Employees: 1 owner + 2 part timers + 2 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$9,200

Cost of Goods

$2,800

Gross Profit

$6,400

Rent

$495

Wages

$2,800

Outgoings

$255

Telephone

$50

Insurance

$50

Misc1

$450

Total Expenses

$4,100

Estimated Stock (Additional)

$4,000

Net Profit

$2,300

Price

$138,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bar - Restaurant - Pizza - Takeaway - Cafe

Business Code: SF1336
Price: $138,000

Key Features: Sales $9,200 pw -Profit $2,300 p.w for 4 DAYS trade - Bar/ Rest - Low rent

State: NSW

Suburb: Erina, 2250

Location: Situated in the main business precinct surrounded by banks, hospitals and other businesses on the Central Coast.

Description

Restaurant- bar - takeaway selling fresh pizza, pasta, seafood, antipasto, bread, salads, desserts and cold drinks - Fully Licensed selling beer, wine and cocktails. - Full kitchen and a Monetti double deck pizza oven introduced in January 2019 - 40 seats inside and 8 seats outside. - $25,000 spent in February 2019 on twin 2 level Moretti Pizza Oven and other items.- Trading 4 Days per week - Figures shown are weekly average for 2019

Summary

  • Features: Excellent rent - Long lease - 4 days only - Good systems in place - Nothing to spend - Top fit out - Very popular - Lifestyle business - Uber Eats just added and one of the first to deliver in the area
  • Potential: Increase trading days and hours - Continue to grow this already popular business - Open for private functions and catering - Could open for breakfast- New upgrade on the highway from Sydney to Central Coast under construction -Growing area
  • Premises: Very beautiful, sleek and modern restaurant with a great bar and bar stools, dining area and an area of 120m2
  • Trading Hours: 4 days - Wed, Thursday and Sat. -5.30 pm to 10 p.m. Fri 12 pm -10 pm.
  • Lease: Current lease expires July, 2020 + 5 + 5 year options - C.P.I. increases - 3 month bond
  • Employees: 1 owner + 2 part timers + 2 casuals.
  • Sale Reason: Moving overseas
  • Comments: Outgoings on the lease include electricity, water, maintenance and cleaning. - Misc. 1 - Other general expenses and GST. - A great opportunity to continue to build this well run and profitable business. - 24 hour security and cameras. - Staff should be prepared to stay on.
    - Owner chooses to only open 4 days per week for lunch and dinner -
    The 2 group coffee machine is owned by the coffee company - One of the best opportunities as no qualified chef is required - Easy to learn menu and training provided - Good records available - A must to inspect but please be discreet!! - Figures shown are weekly average for 2019

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)

$9,200

Cost of Goods

$2,800

Gross Profit

$6,400

Rent (ex GST)

$495

Wages

$2,800

Outgoings

$255

Telephone

$50

Insurance

$50

Misc1

$450

Total Expenses

$4,100

Estimated Stock (Additional)

$4,000

Net Profit

$2,300

Price

$138,000

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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.