Vietnamese Restaurant - JS1001

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$290,000

Description

Vietnamese restaurant and takeaway, located in a popular major shopping centre. This is a cherished local eatery celebrated for its authentic Vietnamese cuisine and welcoming atmosphere. With a commendable average rating of 4.1 stars from 205 reviews, patrons frequently commend the restaurants flavorful dishes, generous portions, and attentive service. Signature offerings such as the Special Trio Beef Pho, Crispy Skin Pork Banh Mi, and Vegan Pho stand out, catering to a variety of dietary preferences. The establishments commitment to quality and consistency has fostered a loyal customer base, making it a go-to destination for both dine-in and takeaway experiences in the southern Brisbane's outer metropolitan area.

Potential

Great potential to boost revenue by offering catering services to nearby schools / businesses. Additionally, could look at adding breakfast options / coffee. Ability to reduce staff to increase profits.

Features

Low rent and high sales. Good kitchen equipment. Great location. Plenty of customer parking

Premises

Convenient location in shopping center for customers to grab a quick bite.

Location

Situated on the exterior of a busy shopping center, with large retailers including major supermarket, ample external parking at shop front.

Trading Hours

6 days - . Monday to Friday: 8 a.m - 8 p.m. -Saturday: 12 p.m - 8 p.m -Closed Sunday

Lease

Current lease commenced: 1/12/2020. - Expires: 30/11/2027.

Employees

1 owner + 2 full timers + 3 casuals

Comments

Misc - expenses include gst - accounting fees and other miscellaneous expenses

SBX ID

JS1001

Figures
  • Takings: $25000/week (GST)
  • Cost of Goods: $7000
  • Gross Profit: $18000
  • Rent: $1100
  • Wages: $4000
  • Outgoings: $1035
  • Telephone: $50
  • Insurance: $60
  • Electricity: $420
  • Gas: $100
  • Misc 1: $952
  • Total Expenses: $7717
  • Nett Profit: $10283
  • Equipment (Included): $150000
  • Estimated Stock (Additional): $15000
  • All other values ex GST
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