Sushi Train – Restaurant -Takeaway

For Sale

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City Fringe

Business Code: M2152

$385,000.00
+ Estimated Stock (SAV) $5000
Key Features: Great Inner City area location. - Regular and loyal customers. - Good reputation for many years. - Low food cost and high margins. - No direct competition. - Longer lease. - Well priced.
State: NSW
Suburb: Newtown
Location: Situated on main busy shopping street in City Fringe area.
Premises: Nicely presented shop with area of approx. 100 m2 including commercial kitchen and storage, staff rest room and toilets.
Price not disclosed

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Other business commitments.

Sale Reason

Many years

Established

One parking space at rear.

Parking

2 owners + 2 staff

Employees

6 days, - Monday to Saturday: 12 pm to 9 pm. Sunday closed.

Trading Hours

5 + 5 years lease commenced March, 2019. - 3.5% annual increases. - 3 months rental bond.

Lease

Restaurant – takeaway – sushi train serving traditional Japanese cuisine and freshly made selected 40 hot and cold plates on the rail. – Also offering menus of dishes on orders such as udon, rice bowl, teriyaki chicken / salmon, salads etc and beverages. – Summer season the sales are more than $20,000 per week. – Full kitchen. – 26 seats. – Liquor license.

Features

Great Inner City area location. - Regular and loyal customers. - Good reputation for many years. - Low food cost and high margins. - No direct competition. - Longer lease. - Well priced.

Potential

Could trade 7 days to increase sales. - Add catering for local businesses. - Add home delivery through internet order systems. - Promote local marketing. - Ideal for family business or partner.

Comments

Outgoings are for council rates. - Misc.- 1- rubbish $80 and water usage $30. - The profit includes 2 owners wages $2000. - A great sushi train business with great location and future growth opportunity. - All figures can be reviewed by an appointment. - Training will be provided with all recipes. - A must to inspect.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$4200
Gross Profit
$13800
Rent
$2000
Wages
$2500
Telephone
$20
Insurance
$50
Electricity
$323
Misc 1
$110
Total Expenses
$5165
Estimated Stock
(Additional)
$5000
Net Profit
$8635
Price
$385,000.00
+ Estimated Stock (SAV) $5000
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