Restaurant – Japanese Cuisine

For Sale

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Inner West

Business Code: W1900

$229,000.00
+ Estimated Stock (SAV) $2500
Key Features: Prime location. Good size Japanese Restaurant. Loyal clientele. Excellent shop fitout. Simple menu.
State: NSW
Suburb: Concord
Location: Situated on restaurant and cafe eatery strip in inner West Sydney.
Premises: This business has an area of 100 sq.mts.
Price not disclosed

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Private reasons

Sale Reason

5.5 yrs

Established

1 car space

Parking

2 owners + 2 part timers

Employees

Short opening hours - 6 days - 5:30 pm to 9:00 pm. Tuesday to Sunday. Monday closed. - Lunch Saturday & Sunday only 12:30 pm to 3:00 pm.

Trading Hours

Current lease expires October 2028 - 3 months bond - rent increases by C.P.I

Lease

Japanese Teppanyaki Restaurant serving 5 course menu only – salad, steak, seafood, pork, bun and kids menu. 90% of customers are regulars and booked previously therefore its easy to operate. – 2 teppanyaki cook tables – This modern and stylish venue has comfortable seating, and an outdoor seating area for sunny days. – Currently 16 seats outside – 40 seats inside- full kitchen and cool room fully equipped for Japanese cuisine.- Liquor license until 10:00 pm

Features

Prime location. Good size Japanese Restaurant. Loyal clientele. Excellent shop fitout. Simple menu.

Potential

Could extend working hours and menu - Can be combined with other cuisine Korean, Chinese, Japanese - Current owner sells only Teppanyaki menu and opens for dinner only and lunch on weekends by booking- New owner could open lunch as well which would increase sales.

Comments

Previously sales were Teppanyaki $8000 p.w. and Japanese $4000 p.w. .- Due to health problems current owner sells only Teppanyaki. Misc.-1- Grease trap $20 p.w. - a lot of potential. - must inspect through your broker. Motivated vendor, Staff not aware of sale so please be discreet.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$12000
Cost of Goods
$3000
Gross Profit
$9000
Rent
$1506
Wages
$2000
Telephone
$20
Electricity
$140
Misc 1
$20
Total Expenses
$3844
Estimated Stock
(Additional)
$2500
Net Profit
$5156
Price
$229,000.00
+ Estimated Stock (SAV) $2500
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