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Food, Beverage & Hospitality business for sale in Sydney

  • Food, Beverage & Hospitality
  • Sydney NSW 2000
  • $149,000 (GST na)

Pizza, Pide, Kebab Takeaway And Restaurant.

Location! Location! Pizza, Pide, Kebab takeaway and restaurant.

This takeaway and Restaurant is located on the main and busy street of Inner West Sydney along with other cafes and restaurants. Currently semi operated by the owner. Open till late night on the weekends as it is opposite a popular night club.

Lease for 4 years with options or can be provided brand new for 5+5.
Very low rent just $3,182/PM+ GST Plus Outgoings($300/PM)
Most of the kitchen equipment are updated with massive range hood. inside and outdoor sitting.
All suppliers are in place. They deliver onsite.
Fridges and freezers are in place.

This business has been running for over 30 years but with current owner for nearly 2 years. It has seen both good and bad days during the pandemic but has recovered wonderfully and been staying strong, Currently doing over $32,000 revenue/month.

Open 7 days a week from 10AM till 10PM, weekends till 2AM.
Full training provided for easy transition. A great opportunity to be the owner and operator of this business.
Regular customers, Uber, Menulog and Door dash all in place.
Very good opportunity, vendor asking price is just $149,000
Owner takes $2,000 to 2,500 plus per week.

Potential

Add coffee and beverages as it has separate window as "coffee on the go".
No Charcoal chicken in whole street, you can add charcoal chicken here lots of demand for it.
Increase the trading hours early morning till late as it is on main street.
Make the ambience bit better will increase the sale drastically.
All above should increase the volume of sales to $60,000 to 90,000/month.

Cost to acquire

Business: $149,000 Plus SAV.
3months lease bond: $10,500.
1month rental advance $3,500.
Legal fees for buying the business and lease transfer cost.

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 NSW09830 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 ID2016953640
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Last updated  22 Apr 2021
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 ID2016953640
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  22 Apr 2021
Allbiz Business Sales
Suite 59, 14 Narabang Way Belrose NSW 2085
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Allbiz Business Sales
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