Well Performing Restaurant– Huge Net Profit .Pennant Hills

Price

$349,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Pennant Hills

Category

cafe Resturant Takeaway

Listing #

SBB2023

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About this Business for sale in Sydney

The Restaurant currently serves Middle Eastern, Indian, and Pakistani cuisine and is located in one of the most significant regions of the North Sydney region.

Key Points

  • Current turnover exceeding $24,000 per week, EFTOPS $18K, Online $3k and cash $3k
  • Currently run under management with minimal contact hours per week by owner. Potential for new owner operators to further increase profits and productivity and significantly reduce wage costs.
  • Long trading history and current lease will expire Feb 2029 with potential to renewal
  • Weekly rent $1800 Plus GST/Outgoings, which is 7.5% of average turnover only
  • Currently trading as Halal, but with the option to apply for liquor license if necessary
  • Six days of operation from10 am -3 pm and 5 pm to 9 pm, only 51hours weekly
  • Full commercial kitchen, Basement storage and so on
  • Current seating capacity 55, including 40 upstairs where can accommodate private function
  •  Immaculate Presentation, Reputation and Reviews
  •  Nothing to spend on this very well established, modern and on trend fit out throughout the restaurant

    Rare opportunity – Highly recommended

Listing ID: SBB2023

Broker: Sudip Dhakal

Phone: +61 421 460 335

Email: sudip@smartbusinessbroker.com.au

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Ref: SBB2023

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