Restaurant – Takeaway – Asian Cuisine

For Sale

ยท
Western Suburbs

Business Code: FN1223

$150,000.00
+ Estimated Stock (SAV) $5000
Key Features: Very best location - Passing foot traffic all day - Very well known - Easy menu to learn with training available - High Google rate
State: NSW
Suburb: Parramatta
Location: Top location in a busy street and surrounded by other retail, offices and residential developments in the Western Suburbs CBD centre.
Premises: This business has an area of 150 sq. mts. with a wide frontage on busy main road. with full kitchen and cool room
Price not disclosed

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ยท

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ยท

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Other venture

Sale Reason

No year data

Established

Street parking

Parking

1 owner + 2 full timers + 1 casual

Employees

7 days - Mon. - Sun. - 10 a.m.to 9 p.m.

Trading Hours

3 + 3 year lease commenced May, 2020 - 3 months bond - 4% increases per year

Lease

Takeaway and restaurant currently serving fast, tasty and fresh Korean cuisine including Korean style bi-bim bab, bento boxes, fried chicken, noodles, hot food rice with various side dishes- Very popular with office and residential workers.- 26 seats inside – 10 seats outside.- Full kitchen and cool room

Features

Very best location - Passing foot traffic all day - Very well known - Easy menu to learn with training available - High Google rate

Potential

Couple could save on wages and increase net profit. - add more to takeaway menu - Suit family business.- Do more promotion.

Comments

Misc.-1- Outdoor seating council charge- Misc.- 2- other general expenses and GST.- Sales are now increasing - Motivated vendor - a must inspection - staff not aware of sale - for inspection please make an appointment through your agent.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$17000
Cost of Goods
$5000
Gross Profit
$12000
Rent
$1630
Wages
$5500
Telephone
$20
Insurance
$30
Electricity
$70
Misc 1
$50
Misc 2
$225
Total Expenses
$7600
Estimated Stock
(Additional)
$5000
Net Profit
$4400
Price
$150,000.00
+ Estimated Stock (SAV) $5000
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