Restaurant – Japanese BBQ

For Sale

·
Inner West

Business Code: W2000

$749,000
+ Estimated Stock (SAV) $26000
Key Features: Excellent fit out. - High quality meats supplied at very low prices. Beautifully designed and well-maintained. - Spacious layout with excellent natural light- No direct competition in this area, Strong brand reputation and loyal repeat clientele- Excellent foot traffic from train station and apartment complexes.
State: NSW
Suburb: Lidcombe
Location: Prime location in huge apartment complex shopping centre with over 20,000 units close to train station in the Inner West.
Premises: This business has an area of 180 sqm

Too busy - Owner operating another 3x Businesses.

Sale Reason

8 years

Established

2 car spaces at rear side of the shop.

Parking

Under full management - 4 full timers + 5 part timers.

Employees

7 days - Monday to Sunday: 11:30 am to 9:00 pm

Trading Hours

Current lease expires December 2029 + 5 yrs option - Bond 3 months. - Rent increases by 3.5%

Lease

Japanese BBQ Restaurant with a cosy ambiance and a trendy interior design that transports diners straight to Tokyo. A great option for those seeking a fine dining with a reasonable price range. One of the standout features is the charcoal grill on each table, which imparts a unique smoky flavour to the meat. The menu includes various cuts of meat such as Angus beef, high-grade wagyu, and pork belly. The ox tongue and wagyu karubi are particularly noteworthy. Vegetarians can enjoy the seafood pancake, corn butter with cheese, and seaweed salad. Also offers a selection of drinks. Guests can choose from soft drinks, wines, beer, and Japanese sake. For those who prefer cocktails, the establishment serves a popular martini. – 84 seats, – Liquor license until 10:00 p.m, cool room, fridge room.

Features

Excellent fit out. - High quality meats supplied at very low prices. Beautifully designed and well-maintained. - Spacious layout with excellent natural light- No direct competition in this area, Strong brand reputation and loyal repeat clientele- Excellent foot traffic from train station and apartment complexes.

Potential

Do some marketing and advertising - Improve social media presence- Great potential for a motivated couple or family business ( could save on wages, higher net profit )

Comments

Currently operating fully under management - Great potential business for a motivated couple or family business. Staff are not aware of sale. Inspections only through your SBX broker.-Motivated vendor.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$50000
Cost of Goods
$17500
Gross Profit
$32500
Rent
$1854
Wages
$13500
Insurance
$70
Electricity
$500
Total Expenses
$16376
Estimated Stock
(Additional)
$26000
Net Profit
$16124
Price
$749,000
+ Estimated Stock (SAV) $26000
Price
$749,000
+ Estimated Stock (SAV) $26000

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