Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - SFD1038

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$159,000

Description

Licensed Restaurant serving fine dining Indian cuisine -Takeaway - recently renovated - fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover - Caters for functions and special occasions - equipped with all systems - POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. - 50 seats inside - 20 seats outside. - Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. - Licensed and BYO - Winner of Travellers Choice Award 2021

Potential

Further promote breakfast and lunch, good for an owner operator to save on wages - State of art equipment - Ready to start as a restaurant chain.

Features

Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition - Licensed

Premises

Glass frontage, recently renovated - top of the class interior and furniture with an area of 150 sq. mts. Excellent outdoor ambience. Featured in local papers.

Location

Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.

Trading Hours

7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast 7.30 a.m. -11.30 a.m.

Lease

Current lease expires in Feb. 2025 + 5 years option - 3 months bond - 3% rent increase per annum

Employees

2 fulltimers + 4 casuals

Comments

Misc.- 1 - Other general expenses - Ideal for owner, couple or family team to save on wages. - Nothing to spend - vendor is happy to transfer the business name - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.

SBX ID

SFD1038

Figures
  • Takings: $18000/week (GST)
  • Cost of Goods: $4620
  • Gross Profit: $13380
  • Rent: $2000
  • Wages: $6500
  • Outgoings: $40
  • Telephone: $20
  • Insurance: $55
  • Electricity: $246
  • Gas: $115
  • Misc 1: $1224
  • Total Expenses: $10200
  • Nett Profit: $3180
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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