Restaurant – Takeaway – Mediterranean

For Sale

·
North West Sydney

Business Code: CB1517

$330,000
+ Estimated Stock (SAV) $10000
Key Features: Great location - Strong local support - Long established - Excellent ratings - Very popular menu selections available, with the takeaway options also enjoying considerable support.
State: NSW
Suburb: Dural
Location: Prominent location in busy shopping complex in iconic NW Sydney outer suburb.
Premises: Delightful light - filled premises, refurbished in 2023, with a vibrant decor, an excellent well equipped kitchen and ample storage including a basement area and a total area of 100 sq.mts.
Price not disclosed

No data

·

No data

·

No data

Time to move on.

Sale Reason

2015

Established

Shopping complex parking.

Parking

2 owners + 1 full time chef + 8 casuals.

Employees

6 days - Tuesday: 5.30 pm to 9.00 pm. Wednesday & Thursday: 12.00 pm to 2.30 pm. & 5.30 pm to 9.00 pm. Friday to Sunday: 12.00 pm to 2.30 pm. & 5.00 . pm to 9.30 pm. Closed Monday.

Trading Hours

5 + 5 + 5 years lease commenced May 2021 - CPI increases - Bond 3 months.

Lease

Restaurant, beautifully presented and established for over 10 years, offering a delicious choice of authentic Mediterranan cuisine for lunch and dinner, with takeaway also available. The comprehensive Greek -themed menu offers a wide choice of starters including spanakopita, meze plate, feta and olive plate, melinzana stack and dips, with lunch and dinner menus presenting a mouth-watering selection of popular seafood, meat, salads and vegetarian options,with desserts rounding out the dining experience. A well equipped bar offering cocktails, wines, spirits and beers is complemented by coffee and other beverage choices. There is a strong demand for catering throughout the year, with UberEats available. The kitchen is modern and well presented and features 6 burner gas stove and oven, deep fryers and large coolroom, and ample fridge and freezer capacity.

Features

Great location - Strong local support - Long established - Excellent ratings - Very popular menu selections available, with the takeaway options also enjoying considerable support.

Potential

The restaurant currently offers a Mediterranian themed cuisine but easily lends itself to other styles of cuisine if desired, as the decor is essentially neutral.

Comments

Misc.- 1 - Sundry kitchen items - Misc.- 2 - IT and software ($100) Linen ($40) Waste disposal ($40) - 2 Group coffee machine included in sale - Owners wage added back to reflect buyer / operator.

Weekly Summary

Figures exclude GST

Weekly Takings
$17240
Cost of Goods
$4515
Gross Profit
$12725
Rent
$1620
Wages
$5700
Telephone
$100
Insurance
$170
Electricity
$375
Misc 1
$175
Misc 2
$180
Total Expenses
$8340
Estimated Stock
(Additional)
$10000
Equipment
(Included)
$175000
Net Profit
$4385
Price
$330,000
+ Estimated Stock (SAV) $10000
Price
$330,000
+ Estimated Stock (SAV) $10000
Contact Us

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $300,000

  • Cards – Gifts – Retail – Online

    Upper North Shore

    NSW

    Code: SFD1088

    $55,000

  • Restaurant – Vietnamese Cuisine

    Inner West

    NSW

    Net Profit: $10892

    Code: W1987

    $285,000

Related Businesses For Sale

  • Bakery – Takeaway

    Inner West

    NSW

    Net Profit: $5005

    Code: CB1533

    $200,000

  • Takeaway – Restaurant – Franchise

    Upper North Shore

    NSW

    Net Profit: $4152

    Code: W1991

    $189,000

  • Restaurant – Japanese Charcoal BBQ

    Inner West

    NSW

    Net Profit: $5624

    Code: W1992

    $189,000

  • Restaurant – Japanese Cuisine – Takeaway

    Eastern Suburbs

    NSW

    Net Profit: $5500

    Code: FN1355

    $330,000

  • Takeaway – Desserts – Yoghurt – Cafe

    Upper North Shore

    NSW

    Net Profit: $2266

    Code: W1988

    $79,000

  • Cafe – Takeaway – Major Centre – Under Semi Management

    Northern Beaches

    NSW

    Net Profit: $4500

    Code: F3500

    $598,000