Takeaway - Restaurant - Pizza - Home Delivery

Business Code: SF1496


Key Features: Well established

State: NSW

Location: Great location that is close to the CBD in a high density residential, retail and commercial area in a vibrant City Fringe area of Sydney.

Description

Restaurant - pizza - takeaway and home delivery - Serving a wide range of meals including pasta, salads, schnitzels, cold drinks and specialising in traditional and gourmet pizza - Good size open and full kitchen with a cool room.- Well set up for functions - Lots of home deliveries and Uber to the surrounding apartments - 40 seats inside and 40 seats outside

Summary

  • Features: Location - Location - Currently nights only and short hours - Original owners since 2008 - Good loyal clientele - Well established - No outdoor seating fees - Very reasonable rent and long lease - Nothing to spend.

  • Potential: Lots of new residential and commercial developments - Obtain a liquor licence (STA) - Open more hours and also during the day - Could open on weekends for breakfast and brunch as a cafe as this is a densely populated area - Introduce coffee

  • Premises: Brilliant corner location and spacious premises with toilet and separate storage area and with an area of 120 m2 and excellent street exposure.

  • Trading Hours: 6 nights - Wed. -Thurs. -Fri. and Sat. - 4 p.m. till 10 p.m. - Sun. & Mon. - 5 p.m. - 10 p.m.- Closed Tuesday

  • Lease: Current lease expires April, 2022 + 5 year option - 6%. increases- 3 month bond

  • Employees: 2 owners ( part time each) + 2 parttimers + 3-4 casuals

  • Comments: Misc 1 - Other general expenses and GST - No outdoor seating fees - Owners are not chefs and work the front of house - Already a successful business there is still lots of potential to open during the day and for coffee, breakfast and brunch on the weekends as the business has a prime corner position with excellent street exposure . -

Weekly Summary

Weekly Takings
(inc GST)

$15,100

Cost of Goods

$4,400

Gross Profit

$10,700

Rent

$1,386

Wages

$4,100

Outgoings

$170

Telephone

$20

Insurance

$50

Electricity

$200

Gas

$150

Misc1

$850

Total Expenses

$6,926

Estimated Stock (Additional)

$10,000

Net Profit

$3,774

Price

$168,000

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