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Restaurant business for sale in Mcmahons Point

  • Restaurant
  • Mcmahons Point NSW 2060
  • $278,000 (GST na)

SFD1038 - Business For Sale - Restaurant Indian Restaurant -Under Management - Lower North Shore - Netting $7,289 p.w

Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - Lower North Shore
SBX Business Code: SFD1038
Restaurant serving fine dining Indian cuisine - Takeaway - recently renovated - fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover - Caters for functions and special occasions - equipped with all systems - POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. - 50 seats inside - 20 seats outside. - Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. - Licensed and BYO

Potential
Further promote breakfast and lunch, good for an owner operator - State of art equipment - Ready to start as a restaurant chain.

Features
Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition

Premises
Glass frontage, recently renovated - top of the class interior and furniture with an area of 150 sq. mts. Excellent outdoor ambience. Featured in local papers.

Location
Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.

Trading Hours
7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast 7.30 a.m. -11.30 a.m.

Lease
Current lease expires in Feb 2025 + 5 years option - 3 months bond - 3% rent increase per annum

Employees
2 fulltimers + 4 casuals

Comments
Misc.- 1 - Other general expenses - Ideal for owner, couple or family team - Nothing to spend - vendor is happy to transfer the business name - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.
Figures
Weekly Sales $20000
Rent (ex GST) $1400
Wages $5000
Profit $7289

SBX Business Code: SFD1038

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Business Highlights

Business ID2017055931
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Last updated  8 Jun 2021
Map for Mcmahons Point NSW 2060
Map for Mcmahons Point NSW 2060Mcmahons Point NSW 2060
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Business Highlights

Business ID2017055931
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  8 Jun 2021
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