Visit this listing at https://www.sbx.com.au/business?id=SF1367

Business Code: SF1367

Key Features: Restaurant - Takeaway - Surry Hills/ Darlinghurst PRICED TO SELL

State: NSW

Suburb: Surry Hills, 2010

Location: Busy dining and entertainment precinct in a popular, trendy, City fringe eat street minutes from the CBD

Description

Restaurant - Cafe currently serving Lebanese food including all the favourite dips, mezze, wraps, chicken, lamb, salads, platters, party banquets and desserts - Lots of takeaway and delivery with 3 well known companies. - Fully licensed with a drink or dine liquor license (PSA) - 8 seats out the front - 16 inside - 26 covered courtyard. Fully equipped open kitchen with new exhaust and no grease trap (oil pick up service in place)

Summary

  • Features: Great location with lots of foot and car traffic - Good rent and lease - Alfresco dining in a courtyard garden - Drink or dine liquor license - High delivery sales - Great reviews - Well established and loyal clientele - Good for functions and parties -Profitable
  • Potential: Could open on Sunday and more times on the weekend - Continue to grow this successful and popular business - Promote coffee and open early for breakfast and coffee.
  • Premises: This business has an area of 130 sq.mts.plus private street seating area, courtyard with large new weatherproof awning and 2 toilets.
  • Trading Hours: 5.5 days - Mon. - Fri. - 12 p.m. - 3 p.m. - Mon. - Wed. - 5.30 p.m. - 10 p.m. - Thurs. - Fri. and Sat.- 5.30 p.m. -11 p.m.
  • Lease: Current lease expires Aug. 2020 + 3 year option - 5% increases - 3 month bond
  • Employees: 1 owner + 3 fulltimers + 4-6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$21,100

Cost of Goods

$6,300

Gross Profit

$14,800

Rent

$1,593

Wages

$5,500

Outgoings

$132

Telephone

$20

Insurance

$100

Electricity

$390

Gas

$235

Misc1

$750

Total Expenses

$8,720

Estimated Stock (Additional)

$10,000

Net Profit

$6,080

Price

$118,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Functions and Parties - Cafe - Takeaway

Business Code: SF1367
Price: $118,000

Key Features: Restaurant - Takeaway - Surry Hills/ Darlinghurst PRICED TO SELL

State: NSW

Suburb: Surry Hills, 2010

Location: Busy dining and entertainment precinct in a popular, trendy, City fringe eat street minutes from the CBD

Description

Restaurant - Cafe currently serving Lebanese food including all the favourite dips, mezze, wraps, chicken, lamb, salads, platters, party banquets and desserts - Lots of takeaway and delivery with 3 well known companies. - Fully licensed with a drink or dine liquor license (PSA) - 8 seats out the front - 16 inside - 26 covered courtyard. Fully equipped open kitchen with new exhaust and no grease trap (oil pick up service in place)

Summary

  • Features: Great location with lots of foot and car traffic - Good rent and lease - Alfresco dining in a courtyard garden - Drink or dine liquor license - High delivery sales - Great reviews - Well established and loyal clientele - Good for functions and parties -Profitable
  • Potential: Could open on Sunday and more times on the weekend - Continue to grow this successful and popular business - Promote coffee and open early for breakfast and coffee.
  • Premises: This business has an area of 130 sq.mts.plus private street seating area, courtyard with large new weatherproof awning and 2 toilets.
  • Trading Hours: 5.5 days - Mon. - Fri. - 12 p.m. - 3 p.m. - Mon. - Wed. - 5.30 p.m. - 10 p.m. - Thurs. - Fri. and Sat.- 5.30 p.m. -11 p.m.
  • Lease: Current lease expires Aug. 2020 + 3 year option - 5% increases - 3 month bond
  • Employees: 1 owner + 3 fulltimers + 4-6 casuals
  • Sale Reason: Other business interests
  • Comments: Misc. - Other general expenses and GST - In Dec. 2015 a full kitchen renovation was done with all new equipment. -New courtyard awning installed - Cooking recipes can be provided. -
    Drink or Dine liquor license - Popular venue for functions - Sales can reach up to $25K over summer - No outdoor seating cost to council. - Definately worth an inspection.

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)

$21,100

Cost of Goods

$6,300

Gross Profit

$14,800

Rent (ex GST)

$1,593

Wages

$5,500

Outgoings

$132

Telephone

$20

Insurance

$100

Electricity

$390

Gas

$235

Misc1

$750

Total Expenses

$8,720

Estimated Stock (Additional)

$10,000

Net Profit

$6,080

Price

$118,000

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