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Northern Beaches
NSW
$148,000
Restaurant - Bar - Takeaway - Home DeliveryPrice: $128,000Net Profit: $3,511 |
Visit this listing at https://www.sbx.com.au/business?id=SF1600 |
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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. DescriptionRestaurant - 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
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Weekly SummaryWeekly Takings (inc GST)$32,200Cost of Goods$10,100Gross Profit$22,100Rent$4,856Wages$9,500Outgoings$300Telephone$50Insurance$80Electricity$333Gas$170Misc1$3,300Total Expenses$18,589Estimated Stock (Additional)$10,000Net Profit$3,511Price$128,000 |
Contact SBXNSW (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.
