North West Sydney
NSW
$485,000
Restaurant - Takeaway - BarPrice: $148,000Net Profit: $2,500 |
Visit this listing at https://www.sbx.com.au/business?id=T3011 |
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Business Code: T3011 Key Features: Indian Restaurant - Submit all offers - 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. DescriptionWell-established and highly regarded authentic 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
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$15,000Cost of Goods$5,100Gross Profit$9,900Rent$1,615Wages$4,000Outgoings$395Telephone$80Insurance$85Electricity$570Gas$256Misc1$399Total Expenses$7,400Estimated Stock (Additional)$10,000Net Profit$2,500Price$148,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Takeaway - Bar
Business Code: T3011Price: $148,000
+ Estimated Stock (SAV) $10,000
Key Features: Indian Restaurant - Submit all offers - 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
Well-established and highly regarded authentic 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 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
$148,000
+ Estimated Stock (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.