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

Business Code: SF1556

Key Features: City Fringe - Sales $28,000 p.w. - $1 Mil. fit out Restaurant -Takeaway

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 +. 9-12 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$28,000

Cost of Goods

$8,400

Gross Profit

$19,600

Rent

$3,868

Wages

$7,200

Outgoings

$1,154

Telephone

$50

Insurance

$180

Electricity

$550

Gas

$220

Misc1

$1,000

Misc2

$300

Total Expenses

$14,522

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$5,078

Price

$238,000

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: $238,000

Key Features: City Fringe - Sales $28,000 p.w. - $1 Mil. fit out Restaurant -Takeaway

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 +. 9-12 casuals
  • Sale Reason: Vendors have other take away businesses they want to concentrate on.
  • 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. -
    Set up cost over $1 million and one of Sydneys newest concepts combining restaurant / cafe / bar all presented at an outstanding level of design and fit out.- Opportunity to purchase a great business at a very realistic price. - This business can be run under management or as an owner operator or couple. -
    Equipment list and figures available - 2 group coffee machine is owned by the coffee company - A must to inspect but please be very discreet

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)

$28,000

Cost of Goods

$8,400

Gross Profit

$19,600

Rent (ex GST)

$3,868

Wages

$7,200

Outgoings

$1,154

Telephone

$50

Insurance

$180

Electricity

$550

Gas

$220

Misc1

$1,000

Misc2

$300

Total Expenses

$14,522

Estimated Stock (Additional)

$10,000

Equipment (Included)

$250,000

Net Profit

$5,078

Price

$238,000

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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.