Visit this listing at https://www.sbx.com.au/business?id=SF1616

Business Code: SF1616

Key Features: Functions - Restaurant - Pizza -Takeaway - Menai/Sutherland - Sales $16,100p.w.

State: NSW

Location: Corner location in shopping centre with an exclusive use of alfresco area and surrounded by residential, local school and other retail shops in the Southern Shire

Description

Restaurant - Takeaway - Pizza - Casual dining -Functions - Serving entrees, pizzas, pastas, salads, seafood, signature slow cooked lamb shoulder, steak and chips as well as desserts and cold drinks. - Full Kitchen with a walk in cool room - Fully licensed with a valuable PSA License (Primary Service of Alcohol ) - Seating for up to 110 (40 Inside and 70 alfresco)

Summary

  • Features: PSA Liquor License - Lots of takeaway trade - Perfect for functions - Long Lease - Well established for over 10 years - Very good reviews on social media and a good social media presence - Spacious kitchen - Short hours.
  • Potential: Do more catering - Open for lunch and open more days - Promote and advertise for more functions as the venue has plenty of room and a good sized kitchen - Add delivery as there is a big demand for this
  • Premises: Large restaurant with good exposure to the street and an area of 248 sq. mts.
  • Trading Hours: 5 nights - Wed. - Sun. - 5 p.m. - 10 p.m.
  • Lease: Current lease expires Aug. 2024 + 5 year option - 3% increases - 3 month bond
  • Employees: 1 owner + 1 full timer + 1 apprentice + 12-15 casuals as required
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$16,100

Cost of Goods

$4,800

Gross Profit

$11,300

Rent

$1,779

Wages

$4,900

Outgoings

$378

Telephone

$50

Insurance

$120

Electricity

$384

Misc1

$550

Misc2

$139

Total Expenses

$8,300

Estimated Stock (Additional)

$12,000

Net Profit

$3,000

Price

$148,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Pizza - Takeaway - Functions

Business Code: SF1616
Price: $148,000
+ Estimated SAV $12,000

Key Features: Functions - Restaurant - Pizza -Takeaway - Menai/Sutherland - Sales $16,100p.w.

State: NSW

Location: Corner location in shopping centre with an exclusive use of alfresco area and surrounded by residential, local school and other retail shops in the Southern Shire

Description

Restaurant - Takeaway - Pizza - Casual dining -Functions - Serving entrees, pizzas, pastas, salads, seafood, signature slow cooked lamb shoulder, steak and chips as well as desserts and cold drinks. - Full Kitchen with a walk in cool room - Fully licensed with a valuable PSA License (Primary Service of Alcohol ) - Seating for up to 110 (40 Inside and 70 alfresco)

Summary

  • Features: PSA Liquor License - Lots of takeaway trade - Perfect for functions - Long Lease - Well established for over 10 years - Very good reviews on social media and a good social media presence - Spacious kitchen - Short hours.
  • Potential: Do more catering - Open for lunch and open more days - Promote and advertise for more functions as the venue has plenty of room and a good sized kitchen - Add delivery as there is a big demand for this
  • Premises: Large restaurant with good exposure to the street and an area of 248 sq. mts.
  • Trading Hours: 5 nights - Wed. - Sun. - 5 p.m. - 10 p.m.
  • Lease: Current lease expires Aug. 2024 + 5 year option - 3% increases - 3 month bond
  • Employees: 1 owner + 1 full timer + 1 apprentice + 12-15 casuals as required
  • Sale Reason: Family commitments
  • Comments: Misc.- 1 - Other general expenses and GST - Great looking well established restaurant with lots of space and fully licensed with a valuable PSA License (Primary Service of Alcohol ) - Electricity and Gas shown together - A must to inspect as best of both dine in and takeaway !!

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)

$16,100

Cost of Goods

$4,800

Gross Profit

$11,300

Rent (ex GST)

$1,779

Wages

$4,900

Outgoings

$378

Telephone

$50

Insurance

$120

Electricity

$384

Misc1

$550

Misc2

$139

Total Expenses

$8,300

Estimated Stock (Additional)

$12,000

Net Profit

$3,000

Price

$148,000
+ Estimated SAV $12,000

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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.