SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****




Restaurant - Takeaway - Cafe - Asian Cuisine - Great location

Listing Id : 249231

Location : New South Wales

Category : Restaurant

Asking Price : 148,000

Business description

Restaurant - Takeaway - Cafe - Asian Cuisine - Sydney City Fringe - Agent SBX Code Number: SF1492 Restaurant - Takeaway currently serving Modern Asian / Thai cuisine including chicken, seafood, stir fries, salads, rice, noodle and curry dishes as well as cold drinks. - Fully licensed - Fully equipped galley style open kitchen and a walk in cool room - 70 seats inside and 16 seats in a covered courtyard - Potential Huge potential for corporate catering to local businesses- Promote the coffee side of the business - Open on weekends for breakfast and brunch as a cafe- Do some marketing and advertising - Suit any concept- Expand outdoor area (STA) - Two owners could save on wages and increase profit. Features Excellent corner location - Close to busy tourist destination - Long lease - Modern fit out - Nothing to spend - Very good on line reviews Premises Modern highly visible premises with timber finishes and includes 2 bathrooms, a storage area and an area of 180 sq. mts. Location Corner location in densely populated suburb minutes from the CBD and close to major hotels and harbourside entertainment precinct. Trading Hours 7 days - Mon. - Fri. - 11.30 a.m. - 10 p.m. and Sat .& Sun. - 5 p.m. - 10 p.m. Lease Current lease expires June, 2**** **** + 4 + 4 years option - C.P.I. increases - 4 month bond Employees 1 owner + 3 part timers + 1-2 casuals Comments Misc.- 1 - Other general expenses and GST. - The 2 group coffee machine is fully owned - Recent new renovations and upgrade at a cost of over $200,000 - This restaurant opened in 2006 as an Italian restaurant and has been refurbished as a successful Thai / Asian restaurant with a modern twist - Lots of potential to open early as a cafe and do some corporate catering. - A must to inspect but please be very discreet Figures Weekly Sales $11200 Rent (ex GST) $2050 Wages $2400 Profit $3**** **** Agent SBX Code Number: SF1492 - SBX Business Brokers


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