Internal Ref: T3011
Summary
SBX Code: T3011 - Fantastic fit out with licensed bar and short trading hours.
Rent
$1,615 pw
Net Profit
$2,500 pw
Location Details
Prime coastal position in a village atmosphere with excellent exposure to both locals and holidaymakers in Far North NSW close to the Gold Coast.
Potential
Significant upside exists for hands-on owner-operators, as the current owners do not work in the business at all. An engaged operator could drive sales further through expanded takeaway, Uber pick up and delivery, on line orders, and delivery services. To trade 7 nights and days.
Hours
6 days - Tuesday to Friday 5 pm to 9 pm. Saturday & Sunday 12 pm to 2.30 pm. and 5 pm to 9 pm.
Lease
Current lease expires 31.10.2030 - 3% annual rental increases - $20,000 bond.
Employees
3 full-time staff + 5 casuals + 2 junior dish hands as required.
About the Business
Restaurant - Takeaway - Bar - Far North Coast NSW
SBX Code: T3011
Well-established and highly regarded authentic Indian restaurant, serving an extensive menu of seafood, chicken, and lamb dishes, complemented by fresh salads, house made traditional desserts, and beverages. Featuring a fully licensed bar with beer on tap, ice machine, glass washers x 2,3 door and 2 doors under bench drink fridges, a large storeroom fitted with shelving and wash basin, the restaurant delivers a complete dining experience alongside a quality takeaway service that ensures strong demand from both locals and visitors. No expense has been spared on the kitchen fit out, with three under-bench fridges, a walk-in cool room, 2 under-bench freezers, and two authentic Indian tandoor ovens 6 burner gas top cooker and deep fryer included. The restaurant offers a welcoming atmosphere with fully covered 55 seats plus additional seating adjacent to the bar in the main dining area. Please do not approach the owners or staff of the business under any circumstances. Simply lease with your SBX Broker an appointment to view.
Features
Fantastic fit-out. - Licensed bar and two separate seating areas. - Replacement cost would exceed $250,000 - Short trading hours.
Premises
The restaurant has an area of 80 sq. mts.
Comments
With an established reputation of excellence and convenient dining options, the business is firmly positioned to continue growing. - Profit shown is for two working owners running the business.
SBX Code: T3011
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