Visit this listing at https://www.sbx.com.au/business?id=SF1508

Business Code: SF1508

Key Features: Restaurant -Mexican- Bar - Takeaway - Gladesville Nsw - Profit $5226 pw

State: NSW

Suburb: Gladesville, 2111

Location: Situated on a corner of a shopping village and complex with other restaurants and a large parking area and surrounded by residential in the Inner West Sydney

Description

Restaurant - takeaway - home delivery - functions currently specialising in fresh authentic and regional Mexican cuisine including dips, tacos, nachos, mole poblano, tamales, salads, wraps, drinks, coffee, and churros - Premises includes a fully licensed bar and large full kitchen with cool room. - 75 seats inside and 75 seats outside in a covered alfresco area - Strong sales in 2020.

Summary

  • Features: Well established for over 10 years - Well known in local area .- Excellent location - Long lease with good terms. - Profitable -- Large storage area in the basement
  • Potential: Could open for breakfast as a cafe - Very successful as Mexican but would also suit any cuisine - Could promote catering and increase deliveries - Excellent for functions and parties - 5000 units are under construction nearby.
  • Premises: Vibrant, bright and welcoming restaurant with indoor and outdoor alfresco setting, large dining areas, storeroom, bathrooms with an area of 331 m2
  • Trading Hours: 6 days - Tues. - Sun. - 11 a.m. - 10 p.m.
  • Lease: Current lease expires May, 2027 - C.P.I. Increases - 3 month bond
  • Employees: 1 owner + 2 fulltimers + 3 - 4 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$24,300

Cost of Goods

$7,200

Gross Profit

$17,100

Rent

$2,874

Wages

$6,200

Outgoings

$150

Telephone

$25

Insurance

$125

Electricity

$420

Gas

$330

Misc1

$1,750

Total Expenses

$11,874

Estimated Stock (Additional)

$20,000

Net Profit

$5,226

Price

$399,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant -Bar - Cafe - Takeaway - Mexican

Business Code: SF1508
Price: $399,000
+ Estimated SAV $20,000

Key Features: Restaurant -Mexican- Bar - Takeaway - Gladesville Nsw - Profit $5226 pw

State: NSW

Suburb: Gladesville, 2111

Location: Situated on a corner of a shopping village and complex with other restaurants and a large parking area and surrounded by residential in the Inner West Sydney

Description

Restaurant - takeaway - home delivery - functions currently specialising in fresh authentic and regional Mexican cuisine including dips, tacos, nachos, mole poblano, tamales, salads, wraps, drinks, coffee, and churros - Premises includes a fully licensed bar and large full kitchen with cool room. - 75 seats inside and 75 seats outside in a covered alfresco area - Strong sales in 2020.

Summary

  • Features: Well established for over 10 years - Well known in local area .- Excellent location - Long lease with good terms. - Profitable -- Large storage area in the basement
  • Potential: Could open for breakfast as a cafe - Very successful as Mexican but would also suit any cuisine - Could promote catering and increase deliveries - Excellent for functions and parties - 5000 units are under construction nearby.
  • Premises: Vibrant, bright and welcoming restaurant with indoor and outdoor alfresco setting, large dining areas, storeroom, bathrooms with an area of 331 m2
  • Trading Hours: 6 days - Tues. - Sun. - 11 a.m. - 10 p.m.
  • Lease: Current lease expires May, 2027 - C.P.I. Increases - 3 month bond
  • Employees: 1 owner + 2 fulltimers + 3 - 4 casuals
  • Sale Reason: Moving back to Mexico
  • Comments: Misc.- 1 - Other general expenses and GST. - A three group coffee machine is fully owned ( purchase cost over $10K) and could be more utilised by opening as a cafe for breakfast / brunch. - Suitable for one owner, a family or a couple. -
    Motivated vendor - this business is a must to inspect but please be very discreet - Priced to sell - First time on the market.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$24,300

Cost of Goods

$7,200

Gross Profit

$17,100

Rent (ex GST)

$2,874

Wages

$6,200

Outgoings

$150

Telephone

$25

Insurance

$125

Electricity

$420

Gas

$330

Misc1

$1,750

Total Expenses

$11,874

Estimated Stock (Additional)

$20,000

Net Profit

$5,226

Price

$399,000
+ Estimated SAV $20,000

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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.