Internal Ref: FN1324
Summary
SBX Code: FN1324 - Long lease - High-rise medical/commercial building -Fit out cost was $500,000 - Nets over $4000 p.w.
Rent
$2,310 pw
Net Profit
$4,110 pw
Location Details
Prime location in the heart of a major medical precinct under large office building in the Lower North Shore.
Potential
Could change menu for different style Asian food and sushi- Suits family operators to save on wages and increase profit- Opportunity to open for dinner and extend to 6 to7 days trading- Catering potential with strong demand in precinct- Online/social media presence can be updated to promote delivery & online ordering.
Hours
Currently trading 5 days - Mon.- Fri. - 1030 a.m - 230 p.m, - Can open for dinner and extend to 7
Lease
10 years lease commenced Oct. 2022- 5% increases - 3 months bank guarantee required
Employees
Under full Management - 3 full timers + 3 casuals
About the Business
Takeaway- Asian Cuisine - Sushi - Lower North Shore
SBX Code: FN1324
Takeaway selling Asian hot food, noodles, rice, laksa, dumplings, tofu and vegetables and cold drinks. Large well-equipped kitchen with coolroom and storage. Goods are all delivered. The premises is equipped with top-of-the-line equipment all fully owned and included in the sale. Seating for 20 outside and 65 inside. This is the only dedicated takeaway food outlet within the hospital complex, ensuring a captive and consistent customer base.
Features
First class fit out over $500k- Long lease with 7 years remaining- Captive market in prime medical precinct - Rent includes all outgoings + separate storage area- No competition.
Premises
Spacious and open-plan premium takeaway shop of approx. 120 sq.m, fully equipped with a full commercial kitchen, coolroom and storage facilities.
Comments
Wages calculated based on 1 owner operator basis, Currently under full management, wages approx. $4,500 per week- Significant profit increase potential if operated by family, adding sushi menu, and extending to 6 -7 days trading- If buyer wishes to continue using this brand, a license agreement will be required and license fee negotiable
SBX Code: FN1324
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