South Sydney
NSW
$195,000
Restaurant - Takeaway - Asian Cuisine -Under Management - MalaysianPrice: $68,000Net Profit: $3,575 |
Visit this listing at https://www.sbx.com.au/business?id=SFA1043 |
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Business Code: SFA1043 Key Features: Asian restaurant - Lower North Shore -Syd - Sales $17,000 p.w - Priced to sell! State: NSW Suburb: Lane Cove, 2066 Location: Well located on main street in well known village , surrounded by residential on the Lower North Shore DescriptionRestaurant - takeaway serving Asian, Malaysian - Chinese cuisine which is well known for its specialised dishes - entrees, soups, main meals of chicken, pork , beef, seafood combinations & fish, vegetarian served with rice or noodles - cold beverages - BYO - Full commercial kitchen - 50 seats inside. Summary
Weekly SummaryWeekly Takings (inc GST)$17,000Cost of Goods$5,400Gross Profit$11,600Rent$1,863Wages$5,300Outgoings$170Telephone$25Electricity$200Gas$180Misc1$287Total Expenses$8,025Estimated Stock (Additional)$6,000Net Profit$3,575Price$68,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Takeaway - Asian Cuisine -Under Management - Malaysian
Business Code: SFA1043Price: $68,000
+ Estimated SAV $6,000
Key Features: Asian restaurant - Lower North Shore -Syd - Sales $17,000 p.w - Priced to sell!
State: NSW
Suburb: Lane Cove, 2066
Location: Well located on main street in well known village , surrounded by residential on the Lower North Shore
Parking: Ample on street parking.
Description
Restaurant - takeaway serving Asian, Malaysian - Chinese cuisine which is well known for its specialised dishes - entrees, soups, main meals of chicken, pork , beef, seafood combinations & fish, vegetarian served with rice or noodles - cold beverages - BYO - Full commercial kitchen - 50 seats inside.
Summary
- Features: Strong local presence with loyal customers - Well established - Only Malay restaurant in the village - High foot traffic
- Potential: Increase trading hours - Apply for liquor license (STA) - Apply for outdoor seating - Utilise popular delivery services - Also woud suit most cuisines
- Premises: Fully equipped commercial kitchen with cool room, ample storage with an area of 246 square metres.
- Trading Hours: 6 days - Mon - 11 a.m - 2.30 pm - 5 pm - 9.30 pm -Wed - 11 am - 2.30 pm - 5 pm - 9.30 p.m. - Thurs. - Sat.- 11 a.m. -3 p.m. - 5 p.m - 10 p.m. -Sun.- 11.30 a.m - 2.30 p.m - 5 p.m - 9.30 p.m.
- Lease: Current lease expires September. 2022 with an option of 5 years - CPI increases, 3 month bond
- Employees: 1 Manager (Wage shown in profit) + 2 full timers + 1 casual + 1 driver
- Sale Reason: Family reasons
- Comments: Mis 1 - Other General expenses - A must to inspect but please visit very discretely and do not approach any staff or owners - The Managers wage of $1,300 p.w. has been removed from wages and shown in net profit as for an owner operator
Contact your broker for more details.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$17,000
Cost of Goods
$5,400
Gross Profit
$11,600
Rent (ex GST)
$1,863
Wages
$5,300
Outgoings
$170
Telephone
$25
Electricity
$200
Gas
$180
Misc1
$287
Total Expenses
$8,025
Estimated Stock (Additional)
$6,000
Net Profit
$3,575
Price
$68,000
+ Estimated SAV $6,000
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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.
