Restaurant – Takeaway – Asian Cuisine

For Sale

·
Western Suburbs

Business Code: FN1223

$180,000
+ 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

Other venture

Sale Reason

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 year lease option commenced May, 2023 - 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
$28000
Cost of Goods
$8400
Gross Profit
$19600
Rent
$1850
Wages
$8500
Telephone
$20
Insurance
$30
Electricity
$150
Misc 1
$200
Misc 2
$225
Total Expenses
$11100
Estimated Stock
(Additional)
$5000
Net Profit
$8500
Price
$180,000
+ Estimated Stock (SAV) $5000
Price
$180,000
+ Estimated Stock (SAV) $5000

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    $300,000

    Code: FN1354

  • Cards – Gifts – Retail – Online

    Upper North Shore

    NSW

    $55,000

    Code: SFD1088

  • Restaurant – Vietnamese Cuisine

    Inner West

    NSW

    Net Profit: $4892

    $285,000

    Code: W1987

Related Businesses For Sale

  • Indian – Restaurant – Takeaway – Bar

    Upper North Shore

    NSW

    Net Profit: $7080

    $950,000

    Code: SFD1091

  • Pizza & Pasta Restaurant – Takeaway

    Eastern Suburbs

    NSW

    Net Profit: $3200

    $275,000

    Code: G1817

  • Restaurant – Korean Cuisine

    Sydney CBD

    NSW

    Net Profit: $12500

    $400,000

    Code: FN1362

  • Takeaway – Thai Cuisine

    Eastern Suburbs

    NSW

    Net Profit: $6287

    $180,000

    Code: W1996

  • Takeaway – Sushi

    Northern Beaches

    NSW

    Net Profit: $7242

    $229,000

    Code: W1997

  • Thai Cafe – Restaurant

    Central Coast NSW

    NSW

    Net Profit: $4110

    $140,000

    Code: FW1094