Restaurant - Steakhouse - Franchise -Bar

Business Code: F3198


Key Features: Franchise

State: NSW

Location: Prime location in heart of major shopping centre in Central Coast.

Description

Restaurant steak house with a menu offering American style favourites such as prime grain fed beef, basted beef , lamb, pork ribs, salads, seafood and burgers. - Full bar with cocktail menu - Large format seating - Provides exceptional value for money in a relaxed family environment. - Staff already in place - The Franchisor has over 15 years experience in franchising and offers you full support in all areas of ongoing operation. - Selling at less than fitout cost. - 150 seats inside.

Summary

  • Features: Long lease - Excellent location. - Amazing concept and brand with proven business model. - Fully systemised operation with complete training and set up.

  • Potential: To do more marketing in the local area. - High population growth area.

  • Premises: Large premises with full kitchen and open bar and an area of 220 sq. mts.

  • Trading Hours: 7 days - 11 a.m. to 8.30 p.m.

  • Lease: 9 year lease + 5 + 5 year options - 2 month bond , cpi annual rental imcreases

  • Employees: One full time owner + 23 casuals

  • Comments: The franchisor has a relationship with a major Australian bank to offer approved applicants automatic 50% finance unsecured plus balance if required secured at competitive rates, and the company provides ongoing support with group purchasing arrangements, national advertising and operations. -

Weekly Summary

Weekly Takings
(inc GST)

$31,000

Cost of Goods

$7,045

Gross Profit

$23,955

Rent

$6,363

Wages

$5,500

Telephone

$30

Insurance

$100

Electricity

$610

Gas

$269

Misc1

$1,690

Misc2

$1,393

Total Expenses

$15,955

Estimated Stock (Additional)

$10,000

Net Profit

$8,000

Price

$288,000

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