Restaurant - Takeaway - Greek Cuisine- Franchise - FN1329

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$690,000

Description

Restaurant and takeaway offering authentic Greek street food with a modern twist. The menu features pita wraps, grilled souvlaki, salads, dips, snack boxes, and Mediterranean-style hot meals, complemented by beverages and catering options.- Operating from a well-presented and fully equipped commercial premises, the restaurant provides dine-in (20 seats inside and 4 seats outside), takeaway, and delivery services through major online platforms.The venue is known for fresh ingredients, consistent quality, and friendly service, and enjoys a strong reputation with both locals and visitors.Wages based on 1 owner operating the business.

Potential

Ideal for an owner-operator, chef, or investor seeking a strong franchise brand.-Potential to expand catering and corporate lunch services in the Eastern Suburbs area- Opportunity to add seasonal or vegetarian / vegan menu options to attract wider audiences. Franchise model allows for marketing support, training, and scalable operations.

Features

Well-known franchise brand with national presence- High Google rating (approx. 4.6/5) with strong customer loyalty- Prime street location with great visibility-Fully equipped kitchen and modern fit-out. Consistent year-round trade. - Excellent reputation for freshness and quality

Premises

The business has an area of about 60 sq. mts. having modern, professional setup with full commercial kitchen, prep areas, and front counter.

Location

Situated in the heart of an Eastern Suburbs hub with strong residential and local business trade.surrounded by schools, offices, and high foot traffic, ensuring a constant customer base.

Trading Hours

7 days - Monday to Sunday: 11 am to 9:30 pm.

Lease

5 + 5 years lease commenced March 2021 - 3 months bond - 4% annual increases

Employees

Under full Management - 1 Manager + 3 casuals for weekdays and 4 to 7 casuals for weekend

Comments

One of Australia's fastest-growing casual Greek food franchises, with a strong focus on fresh, healthy, and authentic meals.- Under management -wages do not include manager's salary, which has been added to net profit. - currently paying $13,200 p.w.total -This business is currently under full management and requires no chef - it can be efficiently run by casual staff only, thanks to its simple, systemised menu and franchise suffort structure - Misc. -1 - licence fee 5% and marketing fee 1%.

SBX ID

FN1329

Figures
  • Takings: $45000/week (GST)
  • Cost of Goods: $16000
  • Gross Profit: $29000
  • Rent: $1900
  • Wages: $12000
  • Outgoings: $50
  • Telephone: $20
  • Insurance: $30
  • Electricity: $550
  • Gas: $500
  • Misc 1: $2950
  • Total Expenses: $18000
  • Nett Profit: $11000
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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