Internal Ref: SFD1038
Summary
SBX Code: SFD1038 - Licensed Fine Dining Indian Restaurant - Well established for 20 years - Nothing to spend - Takings $18,000 p.w. and netting $3,180 pw.
Rent
$2,000 pw
Net Profit
$3,180 pw
Location Details
Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.
Potential
Further promote breakfast and lunch, good for an owner operator to save on wages - State of art equipment - Ready to start as a restaurant chain.
Hours
7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast
Lease
Current lease expires in Feb. 2025 + 5 years option - 3 months bond - 3% rent increase per annum
Employees
2 fulltimers + 4 casuals
About the Business
Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - Lower North Shore
SBX Code: SFD1038
Licensed Restaurant serving fine dining Indian cuisine -Takeaway - recently renovated - fully equipped kitchen with oven, tandoor, cool room, freezer, display fridge, cool bar and has been perfectly designed to cater for a large volume turnover - Caters for functions and special occasions - equipped with all systems - POS, Internet, music, A/C, Smart AI built in website, visual window display monitor and security camera. - 50 seats inside - 20 seats outside. - Delivery through Uber Eats, Menu log, Deliveroo, Door Dash and own online web delivery platform. - Licensed and BYO - Winner of Travellers Choice Award 2021
Features
Locally popular Indian Restaurant for last 20 years - Very well known with an excellent reputation - Good regular customer base - Very well equipped kitchen - No competition - Licensed
Premises
Glass frontage, recently renovated - top of the class interior and furniture with an area of 150 sq. mts. Excellent outdoor ambience. Featured in local papers.
Comments
Misc.- 1 - Other general expenses - Ideal for owner, couple or family team to save on wages. - Nothing to spend - vendor is happy to transfer the business name - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.
SBX Code: SFD1038
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