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

Business Code: SF1336

Key Features: Sales $11,100 pw -Profit $2,600 p.w for 4 days trade - low rent and long lease

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 new 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

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 and Sat. -5.30 pm to 10 p.m. Thurs and 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 fulltimers + 2- 3 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$11,100

Cost of Goods

$3,600

Gross Profit

$7,500

Rent

$495

Wages

$3,400

Outgoings

$255

Telephone

$50

Insurance

$50

Misc1

$650

Total Expenses

$4,900

Estimated Stock (Additional)

$4,000

Net Profit

$2,600

Price

$198,000

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: $198,000

Key Features: Sales $11,100 pw -Profit $2,600 p.w for 4 days trade - low rent and long lease

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 new 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

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 and Sat. -5.30 pm to 10 p.m. Thurs and 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 fulltimers + 2- 3 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!!

Weekly Summary

Weekly Takings
(inc GST)

$11,100

Cost of Goods

$3,600

Gross Profit

$7,500

Rent (ex GST)

$495

Wages

$3,400

Outgoings

$255

Telephone

$50

Insurance

$50

Misc1

$650

Total Expenses

$4,900

Estimated Stock (Additional)

$4,000

Net Profit

$2,600

Price

$198,000

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