Visit this listing at https://www.sbx.com.au/business?id=SF1610

Business Code: SF1610

Key Features: Restaurant - Takeaway - Home delivery - South Sydney - NSW - Two shops -WIWO

State: NSW

Location: Busy corner locations in South Sydney area.

Description

Restaurant - Casual dining - Takeaway - Delivery - 2 shops included in the price and sold together - Shops are across the road from each other - The restaurant is currently closed and is not a going concern and gst may be applicable of 10%. - The takeaway is trading and has strong sales - serving freshly made Greek street food including souvlaki, mixed platters, lamb and chicken off the spit, seafood and salads - Full kitchen - Fully licensed - The takeaway has 30 seats (120 m2) and is currently making sales of $18K p.w.- The restaurant is closed due to Covid-19 however is very well known and popular - 120 seats inside and 20 seats outside - licensed till 1 a.m. Mon.- Sat. & till 10 p.m on Sun.

Summary

  • Features: Excellent corner location - Close to a major hospital - Easy parking - Excellent reviews - Restaurant is very suitable for functions as well as casual dining.
  • Potential: Add coffee - outdoor seating (STA) - Suit any cuisine - Increase social media presence -Apply for the restaurant to have a PSA license (STA) - Huge potential
  • Premises: Two modern and clean shops - The restaurant is 230m2 plus 14 car spaces and the takeaway is 120m2
  • Trading Hours: Takeaway - 7 days - Mon. - Sun. - 11 a.m. - 10 p.m. & Restaurant is currently closed.
  • Lease: Takeaway - Month to month (A new lease should be available or continue month to month.) - 4% Increases- 3 month bond. - Restaurant - A new lease will be available to a successful buyer.
  • Employees: 1 Manager / owner + casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$18,000

Cost of Goods

$6,000

Gross Profit

$12,000

Rent

$4,444

Outgoings

$779

Estimated Stock (Additional)

$10,000

Net Profit

$2,700

Price

$268,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Takeaway

Business Code: SF1610
Price: $268,000
+ Estimated SAV $10,000

Key Features: Restaurant - Takeaway - Home delivery - South Sydney - NSW - Two shops -WIWO

State: NSW

Location: Busy corner locations in South Sydney area.

Description

Restaurant - Casual dining - Takeaway - Delivery - 2 shops included in the price and sold together - Shops are across the road from each other - The restaurant is currently closed and is not a going concern and gst may be applicable of 10%. - The takeaway is trading and has strong sales - serving freshly made Greek street food including souvlaki, mixed platters, lamb and chicken off the spit, seafood and salads - Full kitchen - Fully licensed - The takeaway has 30 seats (120 m2) and is currently making sales of $18K p.w.- The restaurant is closed due to Covid-19 however is very well known and popular - 120 seats inside and 20 seats outside - licensed till 1 a.m. Mon.- Sat. & till 10 p.m on Sun.

Summary

  • Features: Excellent corner location - Close to a major hospital - Easy parking - Excellent reviews - Restaurant is very suitable for functions as well as casual dining.
  • Potential: Add coffee - outdoor seating (STA) - Suit any cuisine - Increase social media presence -Apply for the restaurant to have a PSA license (STA) - Huge potential
  • Premises: Two modern and clean shops - The restaurant is 230m2 plus 14 car spaces and the takeaway is 120m2
  • Trading Hours: Takeaway - 7 days - Mon. - Sun. - 11 a.m. - 10 p.m. & Restaurant is currently closed.
  • Lease: Takeaway - Month to month (A new lease should be available or continue month to month.) - 4% Increases- 3 month bond. - Restaurant - A new lease will be available to a successful buyer.
  • Employees: 1 Manager / owner + casuals
  • Sale Reason: Other business interests
  • Comments: Two businesses to be sold together - WIWO opportunities and not selling on figures. - Sales records will be available- Brilliant opportunity - The business names, website and recipes are not included in the sale and can be discussed at a meeting. - Ideal opportunity to start your own business or an already established brand.-
    Restaurant is currently not open and not a going concern and the rent is $3,363 p.w. ex gst - Takeaway is trading and rent is $1,081 pw ex gst. - Total rent for 2 shops is $4,444 pw ex gst. -
    For more information including address and photos please complete a two page CA and contact your broker -

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)

$18,000

Cost of Goods

$6,000

Gross Profit

$12,000

Rent (ex GST)

$4,444

Outgoings

$779

Estimated Stock (Additional)

$10,000

Net Profit

$2,700

Price

$268,000
+ Estimated SAV $10,000

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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.