Visit this listing at https://www.sbx.com.au/business?id=T3011

Business Code: T3011

Key Features: Restaurant - Suit other cuisines - Kingscliff - NSW - Sales $15000 pw

State: NSW

Suburb: Kingscliff, 2487

Location: Prime coastal position in a village atmosphere with excellent exposure to both locals and holidaymakers in Far North NSW close to the Gold Coast.

Description

Can change to Japanese Cuisine subject to landlord appro - Well-established and highly regarded Indian restaurant, serving an extensive menu of seafood, chicken, and lamb dishes, complemented by fresh salads, house made traditional desserts, and beverages. Featuring a fully licensed bar with beer on tap, ice machine, glass washers x 2,3 door and 2 doors under bench drink fridges, a large storeroom fitted with shelving and wash basin, the restaurant delivers a complete dining experience alongside a quality takeaway service that ensures strong demand from both locals and visitors. No expense has been spared on the kitchen fit out, with three under-bench fridges, a walk-in cool room, 2 under-bench freezers, and two authentic Indian tandoor ovens 6 burner gas top cooker and deep fryer included. The restaurant offers a welcoming atmosphere with fully covered 55 seats plus additional seating adjacent to the bar in the main dining area. Please do not approach the owners or staff of the business under any circumstances. Simply lease with your SBX Broker an appointment to view.

Summary

  • Features: Fantastic fit-out. - Licensed bar and two separate seating areas. - Replacement cost would exceed $250,000 - Short trading hours.
  • Potential: Significant upside exists for hands-on owner-operators, as the current owners do not work in the business at all. An engaged operator could drive sales further through expanded takeaway, Uber pick up and delivery, on line orders, and delivery services. To trade 7 nights and days.
  • Premises: The restaurant has an area of approximately 80 sq. mts.
  • Trading Hours: 6 days - Tuesday to Friday: 5 pm to 9 pm. Saturday & Sunday: 12 pm to 2.30 pm. and 5 pm to 9 pm. Closed Monday
  • Lease: Current lease expires 31.10.2030 - 3% annual rental increases - $20,000 bond.
  • Employees: 3 full-time staff + 5 casuals + 2 junior dish hands as required.
  • Sale Reason: Operating a total of 4 food businesses and now retiring after 20 years.
  • Comments:

    With an established reputation of excellence and convenient dining options, the business is firmly positioned to continue growing. - Profit shown is for two working owners running the business.


    Gold Coast and Northern New South Wales regions ,growth is fuelled by very high level of development activity. The regions population is expected to grow considerably in the next few years.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$15,000

Cost of Goods

$5,100

Gross Profit

$9,900

Rent

$1,615

Wages

$4,000

Outgoings

$395

Telephone

$80

Insurance

$85

Electricity

$570

Gas

$256

Misc1

$399

Total Expenses

$7,400

Estimated Stock (Additional)

$10,000

Net Profit

$2,500

Price

$80,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Indian - Japanese - Restaurant - Takeaway - Bar - Under management

Business Code: T3011
Price: $80,000
+ Estimated Stock (SAV) $10,000

Key Features: Restaurant - Suit other cuisines - Kingscliff - NSW - Sales $15000 pw

State: NSW

Suburb: Kingscliff, 2487

Location: Prime coastal position in a village atmosphere with excellent exposure to both locals and holidaymakers in Far North NSW close to the Gold Coast.

Business Overview

Can change to Japanese Cuisine subject to landlord appro - Well-established and highly regarded Indian restaurant, serving an extensive menu of seafood, chicken, and lamb dishes, complemented by fresh salads, house made traditional desserts, and beverages. Featuring a fully licensed bar with beer on tap, ice machine, glass washers x 2,3 door and 2 doors under bench drink fridges, a large storeroom fitted with shelving and wash basin, the restaurant delivers a complete dining experience alongside a quality takeaway service that ensures strong demand from both locals and visitors. No expense has been spared on the kitchen fit out, with three under-bench fridges, a walk-in cool room, 2 under-bench freezers, and two authentic Indian tandoor ovens 6 burner gas top cooker and deep fryer included. The restaurant offers a welcoming atmosphere with fully covered 55 seats plus additional seating adjacent to the bar in the main dining area. Please do not approach the owners or staff of the business under any circumstances. Simply lease with your SBX Broker an appointment to view.

Summary

  • Key Features: Fantastic fit-out. - Licensed bar and two separate seating areas. - Replacement cost would exceed $250,000 - Short trading hours.
  • Potential: Significant upside exists for hands-on owner-operators, as the current owners do not work in the business at all. An engaged operator could drive sales further through expanded takeaway, Uber pick up and delivery, on line orders, and delivery services. To trade 7 nights and days.
  • Premises: The restaurant has an area of approximately 80 sq. mts.
  • Trading Hours: 6 days - Tuesday to Friday: 5 pm to 9 pm. Saturday & Sunday: 12 pm to 2.30 pm. and 5 pm to 9 pm. Closed Monday
  • Lease: Current lease expires 31.10.2030 - 3% annual rental increases - $20,000 bond.
  • Employees: 3 full-time staff + 5 casuals + 2 junior dish hands as required.
  • Sale Reason: Operating a total of 4 food businesses and now retiring after 20 years.
  • Comments:

    With an established reputation of excellence and convenient dining options, the business is firmly positioned to continue growing. - Profit shown is for two working owners running the business.


    Gold Coast and Northern New South Wales regions ,growth is fuelled by very high level of development activity. The regions population is expected to grow considerably in the next few years.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$15,000

Cost of Goods

$5,100

Gross Profit

$9,900

Rent (ex GST)

$1,615

Wages

$4,000

Outgoings

$395

Telephone

$80

Insurance

$85

Electricity

$570

Gas

$256

Misc1

$399

Total Expenses

$7,400

Estimated Stock (Additional)

$10,000

Net Profit

$2,500

Price

$80,000
+ Estimated Stock (SAV) $10,000

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All business and financial information provided is supplied by the vendor. SBX Business Brokers does not verify, adjust or interpret financial data. Buyers must rely on their own enquiries and independent professional advice. SBX Business Brokers accepts no liability for decisions made based on vendor-supplied information.