Sushi – Takeaway – Under Management

For Sale

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Northern Beaches

Business Code: SM1517

$420,000
+ Estimated Stock (SAV) $8000
Key Features: Great location. - High turnover. - Low rent. - Long lease. - Under management.- Regular customers
State: NSW
Suburb: Balgowlah
Location: Prime location next to major supermarket in Northern Beaches premium shopping centre.
Premises: State of Art design and fit out with an area of approx.60 m2.
Price not disclosed

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Looking for new opportunity.

Sale Reason

Jan/2014

Established

Shopping centre free parking.

Parking

Under management - One Manager + staff. Owner works 7- 8 hours p.w.

Employees

7 days - 9 a.m to 6 p.m.

Trading Hours

7 years lease from January 2021. - 5% increases. - 3 months bond.

Lease

Takeaway selling a variety of high quality sushi and Japanese cuisine – Main menu consists of sashimi, nigiri, bento box, special rolls, side dishes, poke salad, kids bento, party platter rolls, salads, udon /ramen soup etc. – No heavy cooking. – 18 seats inside – 36 seats outside. – One storage room. – during the summer season the takings go to $25,000 p.w. – The business turnover is more than $1 million annually. It is expected to increase 20% in takings by adding delivery services. – Also, the business can extend the trading hours as there is strong demand.

Features

Great location. - High turnover. - Low rent. - Long lease. - Under management.- Regular customers

Potential

This growing business has room to improve with experienced owner operator and save on wages. - Can add new products and do delivery.

Comments

Low rent. - One of the best sushi businesses on our books. - Well priced. - Great investment opportunity.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$21000
Cost of Goods
$6500
Gross Profit
$14500
Rent
$1760
Wages
$4981
Telephone
$16
Insurance
$60
Electricity
$316
Total Expenses
$7658
Estimated Stock
(Additional)
$8000
Net Profit
$6842
Price
$420,000
+ Estimated Stock (SAV) $8000
Price
$420,000
+ Estimated Stock (SAV) $8000

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