Visit this listing at https://www.sbx.com.au/business?id=SF1492

Business Code: SF1492

Key Features: Restaurant - Asian Cuisine - Pyrmont - Profit $2,202 p.w - 80 Seats

State: NSW

Suburb: Pyrmont., 2009

Location: Corner location in densely populated suburb minutes from the CBD and close to major hotels and harbourside entertainment precinct.

Description

Restaurant - Takeaway currently serving Modern Asian / Thai cuisine including chicken, seafood, stir fries, salads, rice, noodle and curry dishes as well as cold drinks. - Fully licensed - Fully equipped galley style open kitchen and a walk in cool room - Recent new renovations and upgrade at a cost of over $200,000 - 70 seats inside and 16 seats in a covered courtyard -

Summary

  • Features: Excellent corner location - Close to busy tourist destination - Long lease - Modern fit out - Nothing to spend - Very good on line reviews
  • Potential: Huge potential for corporate catering to local businesses- Promote the coffee side of the business - Open on weekends for breakfast and brunch as a cafe- Do some marketing and advertising - Suit any concept- Expand outdoor area (STA) - Two owners could save on wages and increase profit.
  • Premises: Modern highly visible large premises with timber finishes and includes 2 bathrooms, a storage area and an area of 180 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 11.30 a.m. - 10 p.m. and Sat .& Sun. - 5 p.m. - 10 p.m.
  • Lease: Current lease expires June, 2020 + 4 + 4 years option - C.P.I. increases - 4 month bond
  • Employees: 1 owner + 3 part timers + 1-2 casuals
  • Comments: Misc.- 1 - Other general expenses and GST. - Rent shown on lease is $2050 p.w ex gst. however a rent reduction has been achieved by the vendor so current rent is $1678 p.w. ex gst and this will apply to the new buyer as well. The 2 group coffee machine is fully owned - Recent new renovations and upgrade at a cost of over $200,000 - Lots of potential to open early as a cafe and do some corporate catering. - Priced to sell and a must to inspect but please be very discreet

Weekly Summary

Weekly Takings (inc GST)

$8,400

Cost of Goods

$2,000

Gross Profit

$6,400

Rent

$1,678

Wages

$1,800

Telephone

$20

Insurance

$70

Electricity

$160

Gas

$120

Misc1

$350

Total Expenses

$4,198

Estimated Stock (Additional)

$8,000

Net Profit

$2,202

Price

$48,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway - Cafe - Asian Cuisine

Business Code: SF1492
Price: $48,000

Key Features: Restaurant - Asian Cuisine - Pyrmont - Profit $2,202 p.w - 80 Seats

State: NSW

Suburb: Pyrmont., 2009

Location: Corner location in densely populated suburb minutes from the CBD and close to major hotels and harbourside entertainment precinct.

Description

Restaurant - Takeaway currently serving Modern Asian / Thai cuisine including chicken, seafood, stir fries, salads, rice, noodle and curry dishes as well as cold drinks. - Fully licensed - Fully equipped galley style open kitchen and a walk in cool room - Recent new renovations and upgrade at a cost of over $200,000 - 70 seats inside and 16 seats in a covered courtyard -

Summary

  • Features: Excellent corner location - Close to busy tourist destination - Long lease - Modern fit out - Nothing to spend - Very good on line reviews
  • Potential: Huge potential for corporate catering to local businesses- Promote the coffee side of the business - Open on weekends for breakfast and brunch as a cafe- Do some marketing and advertising - Suit any concept- Expand outdoor area (STA) - Two owners could save on wages and increase profit.
  • Premises: Modern highly visible large premises with timber finishes and includes 2 bathrooms, a storage area and an area of 180 sq. mts.
  • Trading Hours: 7 days - Mon. - Fri. - 11.30 a.m. - 10 p.m. and Sat .& Sun. - 5 p.m. - 10 p.m.
  • Lease: Current lease expires June, 2020 + 4 + 4 years option - C.P.I. increases - 4 month bond
  • Employees: 1 owner + 3 part timers + 1-2 casuals
  • Comments: Misc.- 1 - Other general expenses and GST. - Rent shown on lease is $2050 p.w ex gst. however a rent reduction has been achieved by the vendor so current rent is $1678 p.w. ex gst and this will apply to the new buyer as well. The 2 group coffee machine is fully owned - Recent new renovations and upgrade at a cost of over $200,000 - Lots of potential to open early as a cafe and do some corporate catering. - Priced to sell and a must to inspect but please be very discreet

Weekly Summary

Weekly Takings
(inc GST)

$8,400

Cost of Goods

$2,000

Gross Profit

$6,400

Rent (ex GST)

$1,678

Wages

$1,800

Telephone

$20

Insurance

$70

Electricity

$160

Gas

$120

Misc1

$350

Total Expenses

$4,198

Estimated Stock (Additional)

$8,000

Net Profit

$2,202

Price

$48,000

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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.