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Restaurant - Takeaway - Under Management - Established 1...

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Restaurant - Takeaway - Under Management - Established 15 years
NSW

Restaurant - Takeaway - Under Management - Eastern Suburbs - Agent SBX Code Number: SF1285 Restaurant - takeaway -delivery currently serving Indian cuisine, entrees, curries, tandoori, b...

Price $115,000.00

Restaurant - Takeaway - Under Management - Established 15 years

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Takeaway - Under Management - Eastern Suburbs - Agent SBX Code Number: SF1285



Restaurant - takeaway -delivery currently serving Indian cuisine, entrees, curries, tandoori, butter chicken, breads, rice, etc as well as desserts and cold drinks. - Full kitchen with separate prep room and large cool room as well as back entry for deliveries - Air conditioned - 40 seats inside



Potential

Open during the day - Outdoor seating (STA) - To obtain a liquor license (STA) - Introduce coffee or a cafe during the day - An owner operator could save on wages and increase profit. - Would also suit other cuisines, tapas bar.



Features

Great position - Well established - Good local clientele - Under management - Lots of foot traffic - Easy to run



Premises

110 sq mtrs - Glass front dining area with toilet, kitchen, prep area and backyard parking space. Upstairs is a 2 bedroom unit which is rented out.



Location

Busy main road location in popular dining precinct in Eastern Suburbs near popular movie cinema and surrounded by residential.



Trading Hours

7 nights - Mon. - Fri. - 5 p.m. - 10 p.m. - Sat. - Sun. - 5 p.m. till 11 p.m.



Lease

Current lease expires June, 2020 - C.P.I. increases - 3 month bond.



Employees

2 fulltimers + 4 parttimers + 2 casuals



Comments

Miscell. 1 - Other general expenses. - Currently under management and the chefs / Managers wage of $900 p.w. has been removed and shown in net profit as if run by owner operator. - This business does lots of home deliveries and takeaways. - Open more hours to increase sales. - A two bedroom unit with a separate entrance is rented out for $700 p.w. The total rent is $1923p.w. less the $700 for the rental unit leaves $1223 as the weekly rent shown in the weekly figures above - One of the top Eastern Suburbs dining hubs and only 5 minutes from the beach - a must to inspect



Agent SBX Code Number: SF1285 - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 96204
SBX ID: SF1285




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