Restaurant - Vietnamese Cuisine

Business Code: SV1118A


Key Features: Well established

State: NSW

Suburb: Newtown, 2042

Location: Situated on busy street surrounded by shops and close to all amenities.

Description

Restaurant serving traditional Vietnamese cuisine. - Licenced - 120 seats inside.

Summary

  • Features: Spacious area. - Stylish setup. - Established 18 years

  • Potential: Would suit 2 owner operators or family.

  • Premises: This business has a large area of approx. 200 sq.mts.

  • Trading Hours: 7 days - Mon. - Thurs.- 5 p.m. - 11 p.m.- Fri.- 5 p.m. - 12 a.m. - Sat. - Sun. - 12 noon - 12 a.m.

  • Lease: Current lease expires December, 2019 + 5 year option.- 4% annual C.P.I. increases. - 3 month bank guarantee. - New lease may be available.

  • Employees: 1 owner + 1 fulltimer + 3 casuals.

  • Comments:

Weekly Summary

Weekly Takings
(inc GST)

$18,000

Cost of Goods

$6,255

Gross Profit

$11,745

Rent

$3,200

Wages

$3,500

Outgoings

$865

Telephone

$15

Insurance

$465

Electricity

$250

Gas

$100

Misc1

$50

Total Expenses

$8,445

Estimated Stock (Additional)

$5,000

Net Profit

$3,300

Price

$50,000

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