Visit this listing at https://www.sbx.com.au/business?id=SF1600

Business Code: SF1600

Key Features: Restaurant - Takeaway - Home Delivery - City Fringe - 2 shops in 1

State: NSW

Suburb: Newtown, 2042

Location: Well located on City fringe main street and surrounded by universities, hospitals, restaurants and cafes in a commercial and residential area.

Description

Restaurant - takeaway - home delivery - 2 shops in 1 - Currently Thai cuisine however the business name, recipes and website is not included in the sale as the vendors are moving - Great opportunity to buy into a very busy food strip in the City Fringe and close to the Sydney CBD - Full Kitchen with cool room and second kitchen / separate prep area - 110 seats inside and 30 seats outside

Summary

  • Features: Iconic location for locals, students and commercial workers - Very busy on Uber eats and delivery platforms - Close to Universities and Hospital - 2 shops in 1 with two kitchens.
  • Potential: Suit any cuisine - Obtain a liquor license (STA) - Do some marketing and advertising - Build the social media presence to the nearby Universities.
  • Premises: Two storey building, two shops in 1 with wide street front and high street exposure, with Indoor and outdoor seating, 4 toilets and an area of 200 m2
  • Trading Hours: 7 days - 11 a.m. till 10 p.m.
  • Lease: Current lease expires Aug. 2021 + 5 year option - 5% increases - 3 month bond
  • Employees: 1 owner + 2 full timers + 5 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$32,200

Cost of Goods

$10,100

Gross Profit

$22,100

Rent

$4,856

Wages

$9,500

Outgoings

$300

Telephone

$50

Insurance

$80

Electricity

$333

Gas

$170

Misc1

$3,300

Total Expenses

$18,589

Estimated Stock (Additional)

$10,000

Net Profit

$3,511

Price

$128,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Takeaway - Home Delivery

Business Code: SF1600
Price: $128,000

Key Features: Restaurant - Takeaway - Home Delivery - City Fringe - 2 shops in 1

State: NSW

Suburb: Newtown, 2042

Location: Well located on City fringe main street and surrounded by universities, hospitals, restaurants and cafes in a commercial and residential area.

Description

Restaurant - takeaway - home delivery - 2 shops in 1 - Currently Thai cuisine however the business name, recipes and website is not included in the sale as the vendors are moving - Great opportunity to buy into a very busy food strip in the City Fringe and close to the Sydney CBD - Full Kitchen with cool room and second kitchen / separate prep area - 110 seats inside and 30 seats outside

Summary

  • Features: Iconic location for locals, students and commercial workers - Very busy on Uber eats and delivery platforms - Close to Universities and Hospital - 2 shops in 1 with two kitchens.
  • Potential: Suit any cuisine - Obtain a liquor license (STA) - Do some marketing and advertising - Build the social media presence to the nearby Universities.
  • Premises: Two storey building, two shops in 1 with wide street front and high street exposure, with Indoor and outdoor seating, 4 toilets and an area of 200 m2
  • Trading Hours: 7 days - 11 a.m. till 10 p.m.
  • Lease: Current lease expires Aug. 2021 + 5 year option - 5% increases - 3 month bond
  • Employees: 1 owner + 2 full timers + 5 casuals
  • Sale Reason: Moving to another site locally
  • Comments: Misc.- 1 - All other general expenses, GST and home delivery commissions - The business name, recipes and website are not included in the sale as the vendors are moving - Potential plus.

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)

$32,200

Cost of Goods

$10,100

Gross Profit

$22,100

Rent (ex GST)

$4,856

Wages

$9,500

Outgoings

$300

Telephone

$50

Insurance

$80

Electricity

$333

Gas

$170

Misc1

$3,300

Total Expenses

$18,589

Estimated Stock (Additional)

$10,000

Net Profit

$3,511

Price

$128,000

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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.