Restaurant - Takeaway - Vietnamese Cuisine

Business Code: SV1095


Key Features: Good location

State: NSW

Location: Situated on a busy street amongst other shops.

Description

Restaurant serving a variety of Vietnamese cuisine, soft and cold drinks. - Licenced - 80 seats - air conditioned. - CCTV

Summary

  • Features: Excellent location with plenty of foot traffic.

  • Potential: Can add more items to the menu.

  • Premises: This business has a large area of approx. 100 sq.mts.

  • Trading Hours: 6 days - Mon. - Sat. - 12noon - 10 p.m.

  • Lease: New lease will commence 1st April 2018, expires 31th March 2021, plus 3-year option, 4% annual increase, 3-month bank guarantee.

  • Employees: 1 owner + 2 fulltimers + 3 casuals.

  • Comments: Would suit a couple or family to manage the business and save on wages. - Motivated vendor. - Must inspect.

Weekly Summary

Weekly Takings
(inc GST)

$15,000

Cost of Goods

$4,000

Gross Profit

$11,000

Rent

$2,300

Wages

$2,800

Outgoings

$280

Telephone

$30

Insurance

$50

Electricity

$210

Gas

$200

Misc1

$130

Total Expenses

$6,000

Estimated Stock (Additional)

$3,000

Net Profit

$5,000

Price

$75,000

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