Restaurant – Vietnamese Cuisine

For Sale

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Inner West

Business Code: W1987

$285,000
+ Estimated Stock (SAV) $7000
Key Features: Top Vietnamese restaurant serving classic dishes. - Great location - Wide frontage with glass wall, - Good reputation - Google rating 5.0. - A good size restaurant.
State: NSW
Suburb: Eastwood
Location: Situated in busy retail street with many restaurants and cafes in the Inner West of Sydney.
Premises: This business has an area of 120sqm
Price not disclosed

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Private reasons.

Sale Reason

13 yrs

Established

6 car spaces at back yard.

Parking

Owner not working - 4 full timers - 6 part timers

Employees

7 days - 10.00 am to 8.00 pm.

Trading Hours

4 year lease commenced November 2023 + 4 years option- 3 months bond- rent increases by 4% per year.

Lease

Popular Vietnamese restaurant serving delicious and authentic cuisine, and captivating diners with its vibrant and inviting atmosphere. The restaurant is renowned for its visually appealing dishes, characterised by fresh ingredients and artful presentation. The diverse menu includes options like the fried egg rice and vermicelli noodles, spicy beef with rice, white tomato broker, goat curry with bread roll, pho, crispy skin chicken and dry noodles, hainam chicken etc. The restaurant’s friendly service and clean facilities further enhance its appeal, creating a family-friendly environment that welcomes patrons of all ages. – 36 seats inside.

Features

Top Vietnamese restaurant serving classic dishes. - Great location - Wide frontage with glass wall, - Good reputation - Google rating 5.0. - A good size restaurant.

Potential

Suits family business or partnership. Internet marketing, add more to menu, activate more home delivery (at present Uber sales approx. $4,000/week)

Comments

Rent includes outgoings, - No land tax, no Council rates. Insurance $183 p.w. includes public liability ($3,000/yr) and business insurance ($500 p.m.) Motivated vendor. A must inspection through your SBX broker. Staff are not aware.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$25000
Cost of Goods
$10000
Gross Profit
$15000
Rent
$3800
Wages
$9000
Insurance
$183
Electricity
$375
Total Expenses
$14108
Estimated Stock
(Additional)
$7000
Net Profit
$10892
Price
$285,000
+ Estimated Stock (SAV) $7000
Price
$285,000
+ Estimated Stock (SAV) $7000

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