Visit this listing at https://www.sbx.com.au/business?id=SF1556

Business Code: SF1556

Key Features: Sales $33,000 p.w. ex GST - Netts - $6,588 p.w. - $1 Mil. fit out Restaurant

State: NSW

Suburb: Forest Lodge, 2037

Location: Prime location close to Sydney University and next to light rail stop this new heritage listed dining precinct is in Sydneys City Fringe.

Description

Restaurant. - Takeaway - Award winning design. Finalist in the top restaurant world design awards 2017 currently serving Middle Eastern cuisine and street food including dips, wraps, flat breads, chips, lamb, beef and chicken skewers, rice dishes and cold drinks. - Open for breakfast, lunch and dinner - Fully licensed with on premise liquor license and bar area - Full kitchen with walk in cool room and freezer, combi oven, under bench refrigeration and display, gas top and oven, 3 fryers, ice machine etc - 150 seats inside and 20 seats outside

Summary

  • Features: Heritage warehouse building - Destination hub with eight restaurants plus cafes - Beautiful setting surrounded by parks and water - 10 minutes from Sydney CBD -Nothing to spend
  • Potential: Expand catering - Do more business functions,weddings and ceremonial events - continue to grow this already popular business - Increase coffee sales - Suit an experienced operator.
  • Premises: Fully transformed heritage warehouse with an area of 252 sq. mts. has a modern architecture design, an open kitchen, bar and storage areas.
  • Trading Hours: 7 days - Mon.- Sun. - 10 a.m.- 10 p.m.
  • Lease: Current lease expires Sept. 2023 - 5% Increases - 4 month bond
  • Employees: 1 full time Manager. + 3 fulltimers +. 12-14 casuals
  • Comments: Misc.- 1 - Other general expenses. - Sales shown are exclusive of GST - Misc.- 2 - Storage room cost - Outgoings includes marketing - One Managers wage of $1200 p.w. has been removed and shown in net profit as for an owner operator. -

Weekly Summary

Weekly Takings (inc GST)

$33,000

Cost of Goods

$8,800

Gross Profit

$24,200

Rent

$3,868

Wages

$9,200

Outgoings

$1,154

Telephone

$50

Insurance

$180

Electricity

$620

Gas

$240

Misc1

$2,000

Misc2

$300

Total Expenses

$17,612

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$6,588

Price

$498,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Takeaway - Cafe - Restaurant - Under Management

Business Code: SF1556
Price: $498,000

Key Features: Sales $33,000 p.w. ex GST - Netts - $6,588 p.w. - $1 Mil. fit out Restaurant

State: NSW

Suburb: Forest Lodge, 2037

Location: Prime location close to Sydney University and next to light rail stop this new heritage listed dining precinct is in Sydneys City Fringe.

Description

Restaurant. - Takeaway - Award winning design. Finalist in the top restaurant world design awards 2017 currently serving Middle Eastern cuisine and street food including dips, wraps, flat breads, chips, lamb, beef and chicken skewers, rice dishes and cold drinks. - Open for breakfast, lunch and dinner - Fully licensed with on premise liquor license and bar area - Full kitchen with walk in cool room and freezer, combi oven, under bench refrigeration and display, gas top and oven, 3 fryers, ice machine etc - 150 seats inside and 20 seats outside

Summary

  • Features: Heritage warehouse building - Destination hub with eight restaurants plus cafes - Beautiful setting surrounded by parks and water - 10 minutes from Sydney CBD -Nothing to spend
  • Potential: Expand catering - Do more business functions,weddings and ceremonial events - continue to grow this already popular business - Increase coffee sales - Suit an experienced operator.
  • Premises: Fully transformed heritage warehouse with an area of 252 sq. mts. has a modern architecture design, an open kitchen, bar and storage areas.
  • Trading Hours: 7 days - Mon.- Sun. - 10 a.m.- 10 p.m.
  • Lease: Current lease expires Sept. 2023 - 5% Increases - 4 month bond
  • Employees: 1 full time Manager. + 3 fulltimers +. 12-14 casuals
  • Comments: Misc.- 1 - Other general expenses. - Sales shown are exclusive of GST - Misc.- 2 - Storage room cost - Outgoings includes marketing - One Managers wage of $1200 p.w. has been removed and shown in net profit as for an owner operator. -

Weekly Summary

Weekly Takings
(inc GST)

$33,000

Cost of Goods

$8,800

Gross Profit

$24,200

Rent (ex GST)

$3,868

Wages

$9,200

Outgoings

$1,154

Telephone

$50

Insurance

$180

Electricity

$620

Gas

$240

Misc1

$2,000

Misc2

$300

Total Expenses

$17,612

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$6,588

Price

$498,000

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