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Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • Refer to Broker

Be Quick, Charcoal Chicken Resto Just For Lease.

Be Quick, Charcoal Chicken Resto Just For Lease.
Monthly sales over $50,000 to $55,000 before covid-19, this store was doing $100,000/month.
Asking price was $525,000. WIWO. (Now nothing to pay) Owner is too busy with other priority).
Owner can take $15,000 to 17000 plus (before tax) per month.
Under management, not franchised.
Lease for 10 years with 5+5 years options.
Very low rent at $10,000/PM+GST including rates and outgoings.
Equipment lease $1000/month.
Cooking premium quality and premium priced Lebanese cuisine with fast foods atmosphere Like Big giants Option of drive through with window and way.

Restaurant and Takeaway is on the busy Pacific highway of Newcastle with ample parking.
All suppliers are in place, delivers on-site.
Brand new equipment
3 cool rooms and freezers.
Spacious Open kitchen.
With coffee options.
Open every day from 10AM till 8PM.
Highly rated by Uber eats.
Full training provided for easy transition including cooking
Clean, beautiful restaurant shop and easy to run by owner and 2 employees.
Great Opportunity for Business Visa purpose (Immigration Purpose) also the area belongs to Regional even though it is in heart of the city.

Potential

Develop your own app (currently under construction)
Open Drive through (already in place).
Increase the trading hours early morning till late as it is on the highway.
Add BYO it will boost the sale.
Digitally market the business as it is New business just under a year.
All above should increase the volume to $25,000 to $30,000/week.
Acquire the business for:

Lease Bond 3 month: $30,000
1 Month rent; $10,000
1 Month equipment rent: $1,000
Stock at valuation: approximately $20,000

For more information on this opportunity, please contact the undersigned:

Allbiz Deal Room
T: 1800 858 696

For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09546 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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Business Highlights

Business ID2016702218
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Last updated  17 Dec 2020
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Allbiz Business Sales
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Business Highlights

Business ID2016702218
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  17 Dec 2020
Allbiz Business Sales
Suite 59, 14 Narabang Way Belrose NSW 2085
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