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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $59000

      FA1028 - Business For Sale - Restaurant Great buy

      Restaurant - Japanese Cuisine - Lower North Shore
      SBX Business Code: FA1028
      Restaurant serving Izakaya style Japanese menu with 100 traditional dishes plus chefs daily specials and a combination of sushi dishes. - Full licensed with a large selection of wines and spirits including Japanese sake and beer. - Restaurant holds a Japanese sake fest 3 times a year. - 60 seats inside - 10 seats outside.

      Potential
      Could open for lunch and Sunday which would increase profit.

      Features
      Authentic Japanese fitout. - Very well established. - Well known with Japanese tourists

      Premises
      This business has an area of 183 sq. mts. with spacious high ceilings and trendy Japanese atmosphere.

      Location
      Situated for many years at this address surrounded by a variety of restaurants and eateries on Lower North Shore.

      Trading Hours
      6 days - Mon. - Sat . - Dinner only 6 p.m. to midnight

      Lease
      Current lease expires 30th April, 2020 + 5 + 5 + 5 year options - annual increases 3.5% negotiable

      Employees
      2 owners fulltime + 6 casuals

      Comments
      New commercial kitchen and fit out only two years old and costing approx. $180,000 - This is a unique opportunity and priced well below market value to sell quickly.
      Figures
      Weekly Sales $12000
      Rent (ex GST) $2855
      Wages $2400
      Profit $1750

      SBX Business Code: FA1028

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2014113867

      Last updated

      26 Mar 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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