Visit this listing at https://www.sbx.com.au/business?id=W1771

Business Code: W1771

Key Features: Restaurant - Japanese Cuisine - North West Sydney - Sales $18,500 p.w.

State: NSW

Location: Situated in the Hills district in a large shopping area in front of major supermarket.

Description

Restaurant serving high quality Japanese cuisine such as chicken san choi, chicken burrito, butter chicken curry, Sri Lankan chicken, Moroccan lamb, pork vindaloo curry, lentil & mushroom bologna and variety of traditional Japanese cuisine. - 24 seats inside -14 seats outside.- excellent kitchen equipment.

Summary

  • Features: Best corner location in the shopping town - New fit-out. - Low food and labor costs - High margins. - Regular customers - No direct competition. - Spacious and attractive shop interior. - Under management
  • Potential: Lots of potential - growing business. - A hands on motivated owner operator could save on wages and add more profit. - Ideal for family business- Promote more to get orders online and delivery from Uber and Deliveroo
  • Premises: This business has an area of 95 sq. mts. with walk in cool room and fully equipped kitchen.
  • Trading Hours: 6 days - 10:00 a.m. - 3:00 p.m. - 5:00 p.m.- 9:30 p.m.
  • Lease: 6 years lease from March, 2020 - 4 months bond - Rent increases by 5%.
  • Employees: Fully under management - 2 full timers - 4 part timers
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$18,500

Cost of Goods

$5,000

Gross Profit

$13,500

Rent

$2,371

Wages

$5,500

Electricity

$250

Gas

$120

Misc1

$259

Total Expenses

$8,500

Estimated Stock (Additional)

$7,000

Net Profit

$5,000

Price

$385,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Japanese Cuisine

Business Code: W1771
Price: $385,000
+ Estimated SAV $7,000

Key Features: Restaurant - Japanese Cuisine - North West Sydney - Sales $18,500 p.w.

State: NSW

Location: Situated in the Hills district in a large shopping area in front of major supermarket.

Description

Restaurant serving high quality Japanese cuisine such as chicken san choi, chicken burrito, butter chicken curry, Sri Lankan chicken, Moroccan lamb, pork vindaloo curry, lentil & mushroom bologna and variety of traditional Japanese cuisine. - 24 seats inside -14 seats outside.- excellent kitchen equipment.

Summary

  • Features: Best corner location in the shopping town - New fit-out. - Low food and labor costs - High margins. - Regular customers - No direct competition. - Spacious and attractive shop interior. - Under management
  • Potential: Lots of potential - growing business. - A hands on motivated owner operator could save on wages and add more profit. - Ideal for family business- Promote more to get orders online and delivery from Uber and Deliveroo
  • Premises: This business has an area of 95 sq. mts. with walk in cool room and fully equipped kitchen.
  • Trading Hours: 6 days - 10:00 a.m. - 3:00 p.m. - 5:00 p.m.- 9:30 p.m.
  • Lease: 6 years lease from March, 2020 - 4 months bond - Rent increases by 5%.
  • Employees: Fully under management - 2 full timers - 4 part timers
  • Sale Reason: Private reasons
  • Comments: Rent includes outgoings, - Owner does not work at shop- fully under management. - From May, 2021 only temporarily opening 6 days due to shortage of staff - When previously open 7 days sales were $18,500 p.w. - 4 weeks training and ongoing support will be provided.- Full sales record available on meeting - A must to inspect but please be very 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

$18,500

Cost of Goods

$5,000

Gross Profit

$13,500

Rent (ex GST)

$2,371

Wages

$5,500

Electricity

$250

Gas

$120

Misc1

$259

Total Expenses

$8,500

Estimated Stock (Additional)

$7,000

Net Profit

$5,000

Price

$385,000
+ Estimated SAV $7,000

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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.