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Restaurant business for sale in Mermaid Waters

  • Restaurant
  • Mermaid Waters QLD 4218
  • $98,000 (GST na)

TTQN1115 - Business For Sale - Restaurant Japanese cuisine - Gold Coast - Netting $2555 p.w.

Takeaway - Restaurant - Japanese Cuisine - Gold Coast
SBX Business Code: TTQN1115
Takeaway - Restaurant serving authentic Japanese cuisine including entrees , tempura, salads, rice bowls, curries, fried rice, ramen, udon, yakisoba & takeaway special box. - Full open commercial kitchen. - 26 seats inside.

Potential
Large residential & commercial development being constructed adjacent to restaurant.

Features
Well established 17 years - Top food and service is a hallmark of this business - Great fitout - Loyal regular customer base- Very well priced for quick sale.

Premises
This business has an area of approx. 52 sq. mts.

Location
Street location in busy area of central Gold Coast near popular shopping centre.

Trading Hours
7 days - Lunch - 1130 a.m. - 230 p.m. (closed Mon. & Tues.) - Dinner - 5 p.m. - 930 p.m.

Lease
Current lease expires Nov. 2020 - New 2 + 2 + 2 lease commences Dec.2020 - - 3 months bond - C.P.I. increases.

Employees
One owner + 1 full timer + 3 casuals

Comments
Suit owner operator & family -Current rent is $55,000 p.a. but virus period was reduced $4,000 per month -New lease will be reduced to $43,000 p.a.+ GST + outgoings - Fit out cost over $250,000 - A must see.
Figures
Weekly Sales $8000
Rent (ex GST) $925
Wages $1200
Profit $2555

SBX Business Code: TTQN1115

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2016413697
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Category
Last updated  1 Aug 2020
Map for Mermaid Waters QLD 4218
Map for Mermaid Waters QLD 4218Mermaid Waters QLD 4218
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