Visit this listing at https://www.sbx.com.au/business?id=SF1486

Business Code: SF1486

Key Features: Sushi - Takeaway - Restaurant- Kingsford/Randwick - Near UNSW

State: NSW

Suburb: Kensington, 2033

Location: Situated on new light rail and below a block of apartments with other modern shops on busy main road close to UNSW and surrounded by residential and retail in the Eastern Suburbs

Description

Restaurant - takeaway Currently serving Japanese cuisine including sushi, sashimi, tempura, teriyaki, chicken katsu, bentos, hot pots etc. - 76 seats - New light rail operating in the area - Business name, website and recipes are not being sold or included in the sale. WIWO and not selling on figures - Suit most cuisines - Some equipment is included in the sale

Summary

  • Features: Close to UNSW university - Home delivery. Walk in and open with your own brand
  • Potential: Obtain a liquor license as previously had one (STA) - Expand delivery side of the business - Open on Monday and could open longer hours - Two owners could save on wages - Also suitable for any kind of cuisine.
  • Premises: Large modern restaurant with 2 toilets and storage rooms, kitchen has 4 exhausts and an area of 200 m2
  • Trading Hours: 6 days - Tues. to Sun. - 5 p.m. till 9 p.m. - Fri. - Sat. and Sun. - 11.30 a.m. till 3 p.m.
  • Lease: Current lease expires June, 2020 + 4 year option - 5% C.P.I.increases - 3 month bond
  • Employees: 1 owner + 3 parttimers + 4 - 5 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$22,100

Cost of Goods

$6,900

Gross Profit

$15,200

Rent

$2,070

Wages

$5,560

Outgoings

$600

Telephone

$30

Insurance

$50

Electricity

$350

Gas

$100

Misc1

$1,150

Total Expenses

$9,910

Estimated Stock (Additional)

$4,000

Net Profit

$5,290

Price

$68,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Close to UNSW

Business Code: SF1486
Price: $68,000

Key Features: Sushi - Takeaway - Restaurant- Kingsford/Randwick - Near UNSW

State: NSW

Suburb: Kensington, 2033

Location: Situated on new light rail and below a block of apartments with other modern shops on busy main road close to UNSW and surrounded by residential and retail in the Eastern Suburbs

Description

Restaurant - takeaway Currently serving Japanese cuisine including sushi, sashimi, tempura, teriyaki, chicken katsu, bentos, hot pots etc. - 76 seats - New light rail operating in the area - Business name, website and recipes are not being sold or included in the sale. WIWO and not selling on figures - Suit most cuisines - Some equipment is included in the sale

Summary

  • Features: Close to UNSW university - Home delivery. Walk in and open with your own brand
  • Potential: Obtain a liquor license as previously had one (STA) - Expand delivery side of the business - Open on Monday and could open longer hours - Two owners could save on wages - Also suitable for any kind of cuisine.
  • Premises: Large modern restaurant with 2 toilets and storage rooms, kitchen has 4 exhausts and an area of 200 m2
  • Trading Hours: 6 days - Tues. to Sun. - 5 p.m. till 9 p.m. - Fri. - Sat. and Sun. - 11.30 a.m. till 3 p.m.
  • Lease: Current lease expires June, 2020 + 4 year option - 5% C.P.I.increases - 3 month bond
  • Employees: 1 owner + 3 parttimers + 4 - 5 casuals
  • Sale Reason: Partnership split
  • Comments: Misc.- 1 - Other general expenses and GST - This business ihas lots of potential to expand on delivery and do some catering. - New light rail operating in the area - Suit any cuisine - Well positioned - Close to university
    Business name, website and recipes are not being sold or included in the sale. WIWO and not selling on figures - - Some equipment is included but not tables and chairs as the current vendor is relocating nearby - Price dropped for a quick sale !!

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)

$22,100

Cost of Goods

$6,900

Gross Profit

$15,200

Rent (ex GST)

$2,070

Wages

$5,560

Outgoings

$600

Telephone

$30

Insurance

$50

Electricity

$350

Gas

$100

Misc1

$1,150

Total Expenses

$9,910

Estimated Stock (Additional)

$4,000

Net Profit

$5,290

Price

$68,000

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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.