Sushi-Restaurant-Takeaway-Under Management

For Sale

·
Lower North Shore

Business Code: M2256

$280,000
+ Estimated Stock (SAV) $5000
Key Features: Top location. Good reputation. Regular customers. 5 days. Fully under management. Long lease. Stable income. Great growth potential for a motivated owner operator.
State: NSW
Suburb: North Sydney
Location: Top location under a premium grade world-class business tower close to Metro station In Lower North Shore suburb.
Premises: Unique designed and very well presented shop with area approx. 85 m2. plus approx. 9 m2 store room.
Price not disclosed

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Other business venture.

Sale Reason

2021

Established

Street parking

Parking

Fully under management- 4-5 staff

Employees

5 days - Monday to Friday: 8 am to 3:30 pm. - Closed around 3 weeks for Xmas and Public Holidays

Trading Hours

10 years lease commenced March 2021. CPI annual increases. 4 months bond.

Lease

Restaurant / takeaway offering a contemporary sushi experience specialising in a variety of healthy and delicious bowls such as poke and teriyaki, spicy sashimi and salad, rice and tofu and veggie poke bowl, also serves an array of bento such as sushi, teriyaki chicken, tofu and seafood bento boxes. Own business website, can order online. Full commercial kitchen. Total 40 seats – 24 inside and 16 outside.

Features

Top location. Good reputation. Regular customers. 5 days. Fully under management. Long lease. Stable income. Great growth potential for a motivated owner operator.

Potential

Could open dinners. Could add coffee sales. Extend catering business to surrounding corporate clients. Ideal for a motivated owner operator to boost sales.

Comments

Misc.- 1-Bank fees - A favoured midday / lunch destination for sushi lovers in Lower North Shore business centre. A must to inspect. The business can be sold as a package linked to another sushi shop with the business code M2255 in same area with discount opportunity. Please do not speak to anyone when visiting the business onsite. All inspections must be through SBX business brokers.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$20000
Cost of Goods
$5500
Gross Profit
$14500
Rent
$3802
Wages
$4500
Telephone
$20
Insurance
$100
Electricity
$238
Misc 1
$180
Total Expenses
$8910
Estimated Stock
(Additional)
$5000
Net Profit
$5590
Price
$280,000
+ Estimated Stock (SAV) $5000
Price
$280,000
+ Estimated Stock (SAV) $5000
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