Restaurant - Vietnamese Cuisine - W1987

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$285,000

Description

<p>Popular Vietnamese restaurant serving delicious and authentic cuisine, and captivating diners with its vibrant and inviting atmosphere. The restaurant is renowned for its visually appealing dishes, characterised by fresh ingredients and artful presentation. The diverse menu includes options like the fried egg rice and vermicelli noodles, spicy beef with rice, white tomato broker, goat curry with bread roll, pho, crispy skin chicken and dry noodles, hainam chicken etc. The restaurant's friendly service and clean facilities further enhance its appeal, creating a family-friendly environment that welcomes patrons of all ages. - 36 seats inside.</p>

Potential

Suits family business or partnership. Internet marketing, add more to menu, activate more home delivery (at present Uber sales approx. $4,000/week)

Features

Top Vietnamese restaurant serving classic dishes. - Great location - Wide frontage with glass wall, - Good reputation - Google rating 5.0. - A good size restaurant.

Premises

This business has an area of 120sqm

Location

Situated in busy retail street with many restaurants and cafes in the Inner West of Sydney.

Trading Hours

7 days - 10.00 am to 8.00 pm.

Lease

4 year lease commenced November 2023 + 4 years option- 3 months bond- rent increases by 4% per year.

Employees

Owner not working - 4 full timers - 6 part timers

Comments

<p>Rent includes outgoings, - No land tax, no Council rates. Insurance $183 p.w. includes public liability ($3,000/yr) and business insurance ($500 p.m.) Motivated vendor. A must inspection through your SBX broker. Staff are not aware.</p>

SBX ID

W1987

Figures
  • Takings: $25000/week (GST)
  • Cost of Goods: $6000
  • Gross Profit: $19000
  • Rent: $3800
  • Wages: $9000
  • Insurance: $183
  • Electricity: $375
  • Gas: $750
  • Total Expenses: $14108
  • Nett Profit: $4892
  • Estimated Stock (Additional): $7000
  • All other values ex GST
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