Takeaway- Asian Cuisine – Sushi

For Sale

·
Lower North Shore

Business Code: FN1324

$279,000
+ Estimated Stock (SAV) $5000
Key Features: First class fit out over $500k- Long lease with 7 years remaining- Captive market in prime medical precinct - Rent includes all outgoings + separate storage area- No competition.
State: NSW
Suburb: St. Leonards
Location: Prime location in the heart of a major medical precinct under large office building in the Lower North Shore.
Premises: Spacious and open-plan premium takeaway shop of approx. 120 sq.m, fully equipped with a full commercial kitchen, coolroom and storage facilities.
Price not disclosed

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Owner is too busy managing multiple businesses.

Sale Reason

09/2022

Established

1 car space

Parking

Under full Management - 3 full timers + 3 casuals

Employees

Currently trading 5 days - Monday to Friday: 10:30 am to 2:30 pm, - Can open for dinner and extend to 7 days for further growth

Trading Hours

10 years lease commenced October 2022- 5% increases - 3 months bank guarantee required

Lease

Takeaway selling Asian hot food, noodles, rice, laksa, dumplings, tofu and vegetables and cold drinks. Large well-equipped kitchen with coolroom and storage. Goods are all delivered. The premises is equipped with top-of-the-line equipment all fully owned and included in the sale. Seating for 20 outside and 65 inside. This is the only dedicated takeaway food outlet within the hospital complex, ensuring a captive and consistent customer base.

Features

First class fit out over $500k- Long lease with 7 years remaining- Captive market in prime medical precinct - Rent includes all outgoings + separate storage area- No competition.

Potential

Could change menu for different style Asian food and sushi- Suits family operators to save on wages and increase profit- Opportunity to open for dinner and extend to 6 to7 days trading- Catering potential with strong demand in precinct- Online/social media presence can be updated to promote delivery & online ordering.

Comments

Wages calculated based on 1 owner operator basis, Currently under full management, wages approx. $4,500 per week- Significant profit increase potential if operated by family, adding sushi menu, and extending to 6 -7 days trading- If buyer wishes to continue using this brand, a license agreement will be required and license fee negotiable

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$15000
Cost of Goods
$5250
Gross Profit
$9750
Rent
$2310
Wages
$2500
Telephone
$20
Insurance
$30
Electricity
$250
Misc 1
$100
Total Expenses
$5640
Estimated Stock
(Additional)
$5000
Net Profit
$4110
Price
$279,000
+ Estimated Stock (SAV) $5000
Price
$279,000
+ Estimated Stock (SAV) $5000
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