South Sydney
NSW
$280,000
Restaurant - Indian Cuisine - Takeaway - Under Management - BarPrice: $278,000Net Profit: $7,289 |
Visit this listing at https://www.sbx.com.au/business?id=SFD1038 |
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Business Code: SFD1038 Key Features: Indian Restaurant -Under Management - Lower North Shore - Netting $7,289 p.w State: NSW Suburb: McMahons Point, 2060 Location: Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney. DescriptionRestaurant serving fine dining Indian cuisine - Takeaway - recently renovated - fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover - Caters for functions and special occasions - equipped with all systems - POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. - 50 seats inside - 20 seats outside. - Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. - Licensed and BYO - Winner of Travellers Choice Award 2021 Summary
Weekly SummaryWeekly Takings (inc GST)$20,000Cost of Goods$5,760Gross Profit$14,240Rent$1,400Wages$5,000Outgoings$40Telephone$20Insurance$55Electricity$246Gas$115Misc1$75Total Expenses$6,951Estimated Stock (Additional)$10,000Net Profit$7,289Price$278,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Indian Cuisine - Takeaway - Under Management - Bar
Business Code: SFD1038
Price: $278,000
+ Estimated SAV $10,000
Key Features: Indian Restaurant -Under Management - Lower North Shore - Netting $7,289 p.w
State: NSW
Suburb: McMahons Point, 2060
Location: Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.
Description
Restaurant serving fine dining Indian cuisine - Takeaway - recently renovated - fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover - Caters for functions and special occasions - equipped with all systems - POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. - 50 seats inside - 20 seats outside. - Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. - Licensed and BYO - Winner of Travellers Choice Award 2021
Summary
- Features: Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition
- Potential: Further promote breakfast and lunch, good for an owner operator - State of art equipment - Ready to start as a restaurant chain.
- Premises: Glass frontage, recently renovated - top of the class interior and furniture with an area of 150 sq. mts. Excellent outdoor ambience. Featured in local papers.
- Trading Hours: 7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast 7.30 a.m. -11.30 a.m.
- Lease: Current lease expires in Feb 2025 + 5 years option - 3 months bond - 3% rent increase per annum
- Employees: 2 fulltimers + 4 casuals
- Sale Reason: Other business interests.
- Comments: Misc.- 1 - Other general expenses - Ideal for owner, couple or family team - Nothing to spend - vendor is happy to transfer the business name - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.
Disclaimer: 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
$20,000
Cost of Goods
$5,760
Gross Profit
$14,240
Rent (ex GST)
$1,400
Wages
$5,000
Outgoings
$40
Telephone
$20
Insurance
$55
Electricity
$246
Gas
$115
Misc1
$75
Total Expenses
$6,951
Estimated Stock (Additional)
$10,000
Net Profit
$7,289
Price
$278,000
+ 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.
