Restaurant - Takeaway - Asian Cuisine - Excellent revie...

Restaurant - Takeaway - Asian Cuisine - Excellent reviews

Stock Included: — Stock Value: —

Years Est: — Gross Revenue: —

Restaurant - Takeaway - Asian Cuisine - Lower North Shore - Agent SBX Code Number: FQ1125J

Restaurant serving classic Malaysian cuisine such as Hainanese chicken rice, chilli crabs, beef rendang, laksa, Nasi Lemak , Golden Sand Prawn etc. - Also serves authentic Malaysian beverages such as Teh Terik etc. - The restaurant has had high ratings on Google, UberEats, TripAdvisor, Deliveroo, Yelp, Facebook, Zomato etc. - 75 seats inside - 35 seats outside.

Potential

Massive opportunity to apply liquor licence & serve alcohol - could open Sunday to improve turnover - could introduce seafood and other high-value menu items - offer catering for businesses and residential.

Features

Excellent reviews online & social media -Very few competitors in locality - Excellent recent upgrade with new fittings - Sizeable turnover from UberEat & Deliveroos.

Premises

Modern and recently refurbished two level premises with an area of 250 sq.mts.

Location

Situated on a busy street in front of bus stop in Northern Beaches.

Trading Hours

6 days - Mon. - Sat. - 1130 a.m. - 300 p.m. - 500 p.m. - 900 p.m.

Lease

Current lease expires Nov. 2025 + 7 year option. - 3.5% annual increases. - 3 months bond.

Employees

1 Manager + 3 fulltimers + 2 casuals

Comments

Vendor is willing to teach & transfer all recipes to the buyer. - The vendor has another restaurant in the City and is able to offer staffing & training to the new owner, if required. - Also the head-chef could stay in the business until 2020 (optional) - Net profit assumes 1 owner working full time and includes add-back of the Managers wage - Misc.- 1 - refers to Eftpos merchant facility bank fees. - Misc. - 2 - refers to UberEat & Deliveroo fees.

Agent SBX Code Number: FQ1125J - Sydney Business Exchange

Additional Details