Takeaway-Asian Food-Sushi-Under Management

For Sale

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Lower North Shore

Business Code: M2262

$68,000
+ Estimated Stock (SAV) $2000
Key Features: Perfect location . Thousands of office workers in the building. Great looking shop. Short trading days and hours. Huge potential to grow the business.
State: NSW
Suburb: North Sydney
Location: Prime foyer location under a top class high rise office building in Lower North Shore.
Premises: Nicely presented shop with an area approx. 40 m2 plus seating area.
Price not disclosed

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Involved in larger business.

Sale Reason

Jan 2024

Established

Street parking

Parking

The business is run by 2 staff with wages $1600 p.w.

Employees

5 days - 11 am to 2:30 pm

Trading Hours

5 years lease commenced September 2023.- 4% annual increases.- 6 months bank guarantee. The shop started trading on January 2024.

Lease

Takeaway and casual dining selling fusion of Korean and Japanese flavours lunch boxes such as fried chicken rice box, spicy tofu and pork box, udon and ramen and sushi box etc. – Full commercial kitchen. 30 seats inside. The takings shown are an average ending 13th September, 2025. – Currently the shop is closed temporarily due to staff going overseas and the vendor looking for new staff. – Urgent sale,- the price can be negotiable.

Features

Perfect location . Thousands of office workers in the building. Great looking shop. Short trading days and hours. Huge potential to grow the business.

Potential

A good buy opportunity for an motivated owner operator to boost sales and increase profit. Could extend sushi products. Could change to different cuisine such as Chinese or Thai food etc. . Expected the takings could reach to $10000 per week in the future.

Comments

The rent includes all outgoings. The two staff wages of $1600 has been removed, so the profit shown is for two owners working in the business. A great location and a great growth potential business. Keen vendor will consider any reasonable offer.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$5600
Cost of Goods
$1700
Gross Profit
$3900
Rent
$1560
Telephone
$20
Insurance
$50
Electricity
$155
Total Expenses
$1785
Estimated Stock
(Additional)
$2000
Net Profit
$2115
Price
$68,000
+ Estimated Stock (SAV) $2000
Price
$68,000
+ Estimated Stock (SAV) $2000
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