Restaurant - Takeaway - Greek Cuisine - Cafe

Business Code: G1614


Key Features: Good location

State: NSW

Location: Situated in a restaurant piazza with 5 other restaurants and close to a major shopping centre in Sydneys Southern suburbs.

Description

Restaurant - cafe - takeaway serving both traditional and modern Greek cuisine - Licensed and BYO with beautiful open plan design and 140 seats. - Has 160 seat capability for functions. - Fully equipped commercial kitchen. - Great restaurant precinct location.

Summary

  • Features: Well established. - Regular customers - Long lease. - Great location. - Full website. - Low operating costs. - Profitable. - Easy to run.

  • Potential: Currently only open 20 hours per week. - Could open Monday and / or Tuesday nights. - Could open for lunches. - Could do home deliveries (eg. Menulog) Could do local advertising (e.g. letterbox drops)

  • Premises: Open plan design with indoor and outdoor / undercover seating and an area of 279 sq. mts.

  • Trading Hours: 5 days - Wed. to Sun. - 6 p.m. to 10 p.m.

  • Lease: 5 + 5 year lease commenced October, 2013 - C.P.I. increases every year - 4 month bond.

  • Employees: 1 owner plus 2 part timers and casuals

  • Comments: Advertised sales are GST inclusive. - Insurance includes Workers Comp. - Miscell. 1 is G.S.T. - Miscell. 2 is made up of $24 bank fees and $19 garbage removal.

Weekly Summary

Weekly Takings
(inc GST)

$13,000

Cost of Goods

$4,100

Gross Profit

$8,900

Rent

$1,945

Wages

$1,200

Outgoings

$37

Telephone

$24

Insurance

$118

Electricity

$185

Gas

$100

Misc1

$500

Misc2

$43

Total Expenses

$4,152

Estimated Stock (Additional)

$5,000

Net Profit

$4,748

Price

$55,000

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