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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $650000

      FX1053 - Business For Sale - Restaurant Well established

      Franchise - Pizza - Restaurant - Under Management - South West Sydney
      SBX Business Code: FX1053
      Restaurant - franchise - takeaway serving pizza, pasta, salads, desserts etc. - Well designed with dining area perfect for families, corporate or private events. - Full kitchen - 80 seats inside - 60 seats outside. - Licenced.

      Potential
      Can do more marketing to boost even higher sales.

      Features
      Great location. - Long established business over 10 years. - Regular local return customers.

      Premises
      This business has an area of 257 sq. mts.

      Location
      Situated in busy shopping centre in South West Sydney and close to all shops.

      Trading Hours
      7 days - Mon. - Fri. - 1130 a.m. - 9 p.m. - Sat. - Sun. - 1130 a.m. - 10 p.m.

      Lease
      Current lease expires March, 2021 - Annual rental 4% increases - 3 months bond.

      Employees
      1 Manager + 8 fulltimers + 20 casuals.

      Comments
      Mangers wages of $1700 is added to the profit as if for an owner operator. - Full wages under management is $14,900 - Misc. 1 - franchise fee 4.5% (loyalty 3% + marketing 1.5%) of gross sales. - Misc.- 2 - workers compensation. Successful international franchise outlets operating in N.S.W. for other 10 years with 4 restaurants in the Sydney area
      Figures
      Weekly Sales $38000
      Rent (ex GST) $4230
      Wages $13200
      Profit $7580

      SBX Business Code: FX1053

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2013436004

      Last updated

      25 Feb 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, 564 Pacific Highway St Leonards NSW 2065

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