Restaurant - Japanese Cuisine - W1900

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$229,000

Description

Japanese Teppanyaki Restaurant serving 5 course menu only - salad, steak, seafood, pork, bun and kids menu. 90% of customers are regulars and booked previously therefore its easy to operate. - 2 teppanyaki cook tables - This modern and stylish venue has comfortable seating, and an outdoor seating area for sunny days. - Currently 16 seats outside - 40 seats inside- full kitchen and cool room fully equipped for Japanese cuisine.- Liquor license until 10:00 pm

Potential

Could extend working hours and menu - Can be combined with other cuisine Korean, Chinese, Japanese - Current owner sells only Teppanyaki menu and opens for dinner only and lunch on weekends by booking- New owner could open lunch as well which would increase sales.

Features

Prime location. Good size Japanese Restaurant. Loyal clientele. Excellent shop fitout. Simple menu.

Premises

This business has an area of 100 sq.mts.

Location

Situated on restaurant and cafe eatery strip in inner West Sydney.

Trading Hours

Short opening hours - 6 days - 5:30 pm to 9:00 pm. Tuesday to Sunday. Monday closed. - Lunch Saturday & Sunday only 12:30 pm to 3:00 pm.

Lease

Current lease expires October 2028 - 3 months bond - rent increases by C.P.I

Employees

2 owners + 2 part timers

Comments

Previously sales were Teppanyaki $8000 p.w. and Japanese $4000 p.w. .- Due to health problems current owner sells only Teppanyaki. Misc.-1- Grease trap $20 p.w. - a lot of potential. - must inspect through your broker. Motivated vendor, Staff not aware of sale so please be discreet.

SBX ID

W1900

Figures
  • Takings: $12000/week (GST)
  • Cost of Goods: $3000
  • Gross Profit: $9000
  • Rent: $1506
  • Wages: $2000
  • Outgoings: $120
  • Telephone: $20
  • Electricity: $140
  • Gas: $38
  • Misc 1: $20
  • Total Expenses: $3844
  • Nett Profit: $5156
  • Estimated Stock (Additional): $2500
  • All other values ex GST
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