Asian Restaurant Sale In Crows Nest NSW Australia

asian restaurant sale

Restaurant Bar Cafe serving Vietnamese cuisine and offering a traditional, authentic & futuristic food experience. Full commercial kitchen & seating for 80 inside catering for the local tenants & residents for lunch & dinner also offering takeaway coffee & cakes all day this asian restaurant sale.

Potential

Huge growth in this area will help to grow this business new owners could do more marketing for catering in the local area. Could also open for breakfast this area is expecting growth of additional 20,000 people in the next 2 or 3 years.

Features

  • Excellent location
  • Brand new modern fit-out
  • Brand new equipment
  • Business is showing constant growth
  • Regular client base.

Premises

This modern restaurant has an area of 162 sq. mts.

Asian restaurant sale
Asian restaurant sale

Location

Well located in a very busy & growing residential, commercial & business area in the Lower North Shore on the ground floor of a multi story commercial building.

Trading Hours

6 days – Mon. – Fri. – 11.30 a.m. – 3.00 p.m. & 5.30 p.m. – 9.30 p.m. – Sat. – 5.30 p.m. – 9.30 p.m. or later.

Lease

5 5 year lease commenced April. 2016 – 3 months bond. – 3.5% annual Increases.

Employees

2 owners 3 kitchen 5 front of house staff

Reason to selling are owner need more money to open Bar in CBD.

Owner will provide 2 week training if new owner want to run same concept.

Serious buyer only will be allow for inspection and all paperwork will be provided as bank statement, Pos sale etc,…

Weekly Takings (inc GST) $15,803

Cost of Goods $3,239

Gross Profit $12,564

Rent $2,730

Wages $3,550

Outgoings $

Telephone $20

Insurance $35

Electricity $78

Gas $180

Misc 1 $396

Misc 2 $

Total Expenses $6,989

Net Profit $5,575

Coffee Kilos P/W 10

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