Restaurant – Indian Cuisine – Takeaway – Under Management – Bar

For Sale

ยท
Lower North Shore

Business Code: SFD1038

$159,000.00
+ Estimated Stock (SAV) $10000
Key Features: Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition - Licensed
State: NSW
Suburb: McMahons Point
Location: Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.
Premises: Glass frontage, recently renovated - top of the class interior and furniture with an area of 150 sq. mts. Excellent outdoor ambience. Featured in local papers.
Price not disclosed

No data

ยท

No data

ยท

No data

Other business interests.

Sale Reason

2000

Established

Street Parking

Parking

2 fulltimers + 4 casuals

Employees

7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast 7.30 a.m. -11.30 a.m.

Trading Hours

Current lease expires in Feb. 2025 + 5 years option - 3 months bond - 3% rent increase per annum

Lease

Licensed Restaurant serving fine dining Indian cuisine -Takeaway – recently renovated – fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover – Caters for functions and special occasions – equipped with all systems – POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. – 50 seats inside – 20 seats outside. – Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. – Licensed and BYO – Winner of Travellers Choice Award 2021

Features

Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition - Licensed

Potential

Further promote breakfast and lunch, good for an owner operator to save on wages - State of art equipment - Ready to start as a restaurant chain.

Comments

Misc.- 1 - Other general expenses - Ideal for owner, couple or family team to save on wages. - Nothing to spend - vendor is happy to transfer the business name - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$4620
Gross Profit
$13380
Rent
$2000
Wages
$6500
Telephone
$20
Insurance
$55
Electricity
$246
Misc 1
$1224
Total Expenses
$10200
Estimated Stock
(Additional)
$10000
Net Profit
$3180
Price
$159,000.00
+ Estimated Stock (SAV) $10000

Featured Businesses For Sale

  • Cafe – Takeaway – Charcoal chicken

    South West Sydney

    NSW

    Nett Profit: $7360

    $450,000.00

  • Entertainment – Play Centre

    Western Suburbs

    NSW

    Nett Profit: $6903

    $659,000.00

  • Retail – Online – Computer – Internet.

    Western Sydney

    NSW

    Nett Profit: $2098

    $128,000.00

  • Burgers-Takeaway-Casual Dining-Under Management

    Upper North Shore

    NSW

    Nett Profit: $6750

    $450,000.00

  • Cafe – Coffee Shop – Takeaway

    South Coast NSW

    NSW

    Nett Profit: $2210

    $112,500.00

  • Franchise – Repairs – Business Opportunity – Automotive – Tinting – Signage

    North Coast NSW

    NSW

    $27,000.00

Related Businesses For Sale

  • Cafe – Lobby – Espresso – Takeaway

    NSW

    Nett Profit: $23646

    $2,800,000.00

  • Takeaway – Sushi

    Inner West

    NSW

    Nett Profit: $1720

    $139,000.00

  • Cafe – Takeaway

    City Fringe

    NSW

    Nett Profit: $1600

    $100,000.00

  • Takeaway -Sushi

    Lower North Shore

    NSW

    Nett Profit: $11781

    $589,000.00

  • Cafe – Espresso Bar – Takeaway

    City fringe Sydney

    NSW

    Nett Profit: $3150

    $160,000.00

  • Gelato – Patisserie – Takeaway

    Sydney CBD

    NSW

    $90,000.00