Restaurant – Japanese BBQ Dining

For Sale

·
City Fringe

Business Code: W2012

$390,000
+ Estimated Stock (SAV) $10000
Key Features: A strong base of loyal and regular customers. - Easy day-to-day operation - .Stable and growing business. - Low rent for the large premises size.
State: NSW
Suburb: Newtown
Location: Situated on a highly visible position on restaurant and cafe street in front of bus station in the City Fringe.
Premises: Spacious premises with an area of 220 sq. mts. over 2 levels (upstairs staff rest area)

Private reasons

Sale Reason

1 yr

Established

Fully under management - 1 full timer ( chef) + 5 part timers

Employees

Open 6 days (Tuesday - Sunday) Dinner only. - 5:30 p.m - 10:00 p.m

Trading Hours

5 yrs.lease commenced Dec. 2022 + 5 yrs option - Rent increases by 4% per year - Bond 3 months

Lease

Premium Japanese BBQ Restaurant with authentic Japanese dining. Specialising in yakiniku, top-quality Japanese wagyu, and signature dishes like wagyu taste boxes, assorted sashimi platters, corn ribs, aburamen (dry ramen), and pure rice sake. – Perfect for foodies looking for Japanese dining – The restaurant has a spacious 66-seat dining area, with individual BBQ grills installed at each table and smoke extraction systems throughout. A well-presented interior fit-out creates an authentic Japanese dining atmosphere. The business also includes a fully equipped top class kitchen, storage areas and rest rooms (upstairs) – Liquor Licence .until 10:00 p.m- Google rating 5.0

Features

A strong base of loyal and regular customers. - Easy day-to-day operation - .Stable and growing business. - Low rent for the large premises size.

Potential

Suitable for family business operation with strong potential to increase sales and profitability through more active owner operation. There is also potential to further increase turnover by extending trading to 7 days and open for lunch. as well.- further growth opportunities with lots of customer traffic.

Comments

Rent includes outgoings - Cook chef provide full training with recipes. Motivated vendor. A must inspection. Staff not aware - inspections only through your SBX Broker.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$16000
Cost of Goods
$3520
Gross Profit
$12480
Rent
$3126
Wages
$4200
Insurance
$80
Electricity
$250
Misc 1
$70
Total Expenses
$7783
Estimated Stock
(Additional)
$10000
Net Profit
$4697
Price
$390,000
+ Estimated Stock (SAV) $10000
Price
$390,000
+ Estimated Stock (SAV) $10000
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