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Restaurant business for sale in Newtown

  • Restaurant
  • Newtown NSW 2042
  • $50,000 (GST na)

SV1118A - Business For Sale - Restaurant Well established

Restaurant - Vietnamese Cuisine - Sydney City Fringe
SBX Business Code: SV1118A
Restaurant serving traditional Vietnamese cuisine. - Licenced - 120 seats inside.

Potential
Would suit 2 owner operators or family.

Features
Spacious area. - Stylish setup. - Established 18 years

Premises
This business has a large area of approx. 200 sq.mts.

Location
Situated on busy street surrounded by shops and close to all amenities.

Trading Hours
7 days - Mon. - Thurs.- 5 p.m. - 11 p.m.-Fri.- 5 p.m. - 12 a.m. - Sat. - Sun. - 12 noon - 12 a.m.

Lease
Current lease expires December, 2019 + 5 year option.-4% annual C.P.I. increases. - 3 month bank guarantee. - New lease may be available.

Employees
1 owner + 1 fulltimer + 3 casuals.

Figures
Weekly Sales $18000
Rent (ex GST) $3200
Wages $3500
Profit $3300

SBX Business Code: SV1118A

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013745048
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ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  12 May 2019
Map for Newtown NSW 2042
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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