Japanese Cuisine – Restaurant

For Sale

·
Lower North Shore

Business Code: FN1105

$380,000.00
+ Estimated Stock (SAV) $5000
Key Features: Stable business. Good location. High visibility with huge passing trade. Low rent
State: NSW
Suburb: North Sydney
Location: Brilliant location in high thoroughfare area on Lower North Shore surrounded by offices, apartments
Premises: Very well presented shop with an area of 80 sq.mts.+ outdoor dinning ares of 65 sq.mts.
Price not disclosed

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Other business venture

Sale Reason

03/2011

Established

1 Carpark

Parking

2 owners + 2 fulltimers + 3 casuals

Employees

5 days, Monday to Friday: 11:30 am to 9:30 pm.

Trading Hours

5 + 5 year lease commenced April 2021. 3 month bank guarantee. 4% annual rental increases

Lease

Restaurant selling a variety of high quality sushi, traditional and modern Japanese cuisine. Main menu includes combinations of grilled and fried hot foods, sushi rolls, sashimi, donbury, party platters and udong. 40 seats inside, 32 seats outside. Full commercial kitchen. Licensed.

Features

Stable business. Good location. High visibility with huge passing trade. Low rent

Potential

More marketing within the local area for catering as this has become popular. Could open at night and on the weekend. Owner chef can save on wages

Comments

Short trading hours and stable business. A must to inspect. Outgoings included in rent

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$19000
Cost of Goods
$5700
Gross Profit
$13300
Rent
$1560
Wages
$5540
Telephone
$40
Insurance
$30
Electricity
$290
Misc 1
$39
Total Expenses
$7900
Estimated Stock
(Additional)
$5000
Net Profit
$5400
Price
$380,000.00
+ Estimated Stock (SAV) $5000
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