Visit this listing at https://www.sbx.com.au/business?id=SF1613

Business Code: SF1613

Key Features: Restaurant -Takeaway- Sales $12,000 p.w.- 3.5 bdm unit included - Eastern Suburb

State: NSW

Suburb: Randwick, 2031

Location: Brilliant corner location near a busy cinema, dance school, high school and close to a major university and hospital in the Eastern Suburbs of Sydney

Description

Restaurant with residence attached - Takeaway - Tapas - Delivery - currently serving Mexican food including dips, wings, nachos, tacos, enchiladas, salads, desserts and cold drinks - Fully licensed - Full kitchen with cool room - 70 seats inside. - The restaurant has a dining room with function area.

Summary

  • Features: Well established for many years in the area - Good delivery options including Uber Eats and Menulog - Popular with the locals - Training can be provided by negotiation - Easy to learn menu - No experience in Mexican is required - The building incorporates a 3.5 bedroom unit - Close to busy cinema
  • Potential: Could open in the day and add coffee and a lunch menu - Could trade on Monday - Would also be suitable for any cuisine, bar or cafe - Apply for outdoor seating (STA) - Market the business further through social media sites - Potential to offer catering to the nearby schools and hospital
  • Premises: Corner Mexican restaurant with a 3.5 bedroom unit upstairs, a back office, upstairs laundry room, storage room and an area of approx. 160 m2
  • Trading Hours: 6 nights - Tuesday - Sunday - 5 p.m - 10.30 p.m
  • Lease: 13 year lease expires in July 2027 - CPI increases - 3 month bond - Lease includes the restaurant and 3.5 bedroom unit upstairs
  • Employees: 1 owner + 1 full timer + 1 part timer + 5-6 casuals
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$12,000

Cost of Goods

$3,800

Gross Profit

$8,200

Rent

$1,110

Wages

$3,100

Outgoings

$126

Telephone

$20

Insurance

$70

Electricity

$150

Gas

$120

Misc1

$800

Total Expenses

$5,496

Estimated Stock (Additional)

$10,000

Net Profit

$2,704

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Tapas Bar - Takeaway - Residence Attached - Delivery

Business Code: SF1613
Price: $98,000
+ Estimated SAV $10,000

Key Features: Restaurant -Takeaway- Sales $12,000 p.w.- 3.5 bdm unit included - Eastern Suburb

State: NSW

Suburb: Randwick, 2031

Location: Brilliant corner location near a busy cinema, dance school, high school and close to a major university and hospital in the Eastern Suburbs of Sydney

Description

Restaurant with residence attached - Takeaway - Tapas - Delivery - currently serving Mexican food including dips, wings, nachos, tacos, enchiladas, salads, desserts and cold drinks - Fully licensed - Full kitchen with cool room - 70 seats inside. - The restaurant has a dining room with function area.

Summary

  • Features: Well established for many years in the area - Good delivery options including Uber Eats and Menulog - Popular with the locals - Training can be provided by negotiation - Easy to learn menu - No experience in Mexican is required - The building incorporates a 3.5 bedroom unit - Close to busy cinema
  • Potential: Could open in the day and add coffee and a lunch menu - Could trade on Monday - Would also be suitable for any cuisine, bar or cafe - Apply for outdoor seating (STA) - Market the business further through social media sites - Potential to offer catering to the nearby schools and hospital
  • Premises: Corner Mexican restaurant with a 3.5 bedroom unit upstairs, a back office, upstairs laundry room, storage room and an area of approx. 160 m2
  • Trading Hours: 6 nights - Tuesday - Sunday - 5 p.m - 10.30 p.m
  • Lease: 13 year lease expires in July 2027 - CPI increases - 3 month bond - Lease includes the restaurant and 3.5 bedroom unit upstairs
  • Employees: 1 owner + 1 full timer + 1 part timer + 5-6 casuals
  • Sale Reason: Family commitments and ready for a change
  • Comments: Misc.- 1 - Other general expenses -
    Total rent of $1990 p.w. includes a 3.5 bedroom apartment upstairs with a separate entrance that can be sub leased for approx $880 p.w. making the restaurant rent as shown $1110 p.w. (Currently the vendor and family live upstairs ) -
    Located in a very busy dining and entertainment hub with a great atmosphere and close to the cinema, schools, hospital and surrounded lots of retail and high density residential. - Great opportunity for a savvy buyer and wont last at this price.-Excellent opportunity to own a business and in a great position!!

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)

$12,000

Cost of Goods

$3,800

Gross Profit

$8,200

Rent (ex GST)

$1,110

Wages

$3,100

Outgoings

$126

Telephone

$20

Insurance

$70

Electricity

$150

Gas

$120

Misc1

$800

Total Expenses

$5,496

Estimated Stock (Additional)

$10,000

Net Profit

$2,704

Price

$98,000
+ 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.