SBX Business Brokers Phone : 02 9439 ****

Restaurant - Japanese Cuisine -Asian - Under Management - Easy operation

Listing Id : 261104

Location : New South Wales

Category : Restaurant

Asking Price : 390,000

Business description

Restaurant - Japanese Cuisine -Asian - Under Management - Inner West - Agent SBX Code Number: M2054 Restaurant serving Japanese BBQ style buffet dinners in a selection of different meats, vegetables and sauces. - All menu food materials prepared on site ready to serve for customer choices. - Buffet style business which does not need chef and offers relaxed casual dining atmosphere. - Full kitchen. - 70 seats including 2 VIP rooms. - The business was set up at a cost of $800k in 2016. Potential Set up own business website. - Expand social media presence. - Could open for lunch on weekends to increase sales. - Suit a motivated owner operator. Features Good location. - Beautiful and elegant presence. - Stunning fit out. - Short trading hours. - Easy operation.. Premises Unique design and style restaurant with an area of approx. 170 m2. Location Situated under a high rise apartment building surrounded by offices and restaurants in affluent area of Inner West suburb. Trading Hours 7 nights - 530 p.m.- 10 p.m. Lease 5 + 5 years lease commenced July, 2016 - 3% increases. - 3 months bank guarantee. Employees Under Management- One Manager + 2 full timers + 7-8 casuals. Comments Misc.- 1 - Refers to bank fees and other general business expanses. - The profit shown is based on one owner working full time in the business with $1000 manager wage removed and added to net profit. - Very expensive established business with great potential for a passionate owner operation. Figures Weekly Sales $19000 Rent (ex GST) $2401 Wages $3000 Profit $3820 Agent SBX Code Number: M2054 - SBX Business Brokers

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