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Beautiful Indian restaurant situated on a busy street and by the lakeside! Liquor Licensed!

Beautiful Indian restaurant situated on a busy street and by the lakeside! Liquor Licensed!

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Cambridge Park


Industry :
Food/Hospitality - Catering ; Food/Hospitality - Restaurant ; Food/Hospitality - Takeaway Food ;

Financial Details :

Revenue

--

EBITDA

--

EBITDA multiplier

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About the business

Liating Number: 1AU0103

Beautiful Indian restaurant situated on a busy street and by the lakeside, Amazing View and Location! Liquor Licensed!

Asking price $175,000+SAV.

* On offer is a beautiful Indian restaurant with liquor license, which has been operating since 2020.
* This restaurant is on the main and busy street of the town centre, close to local shops.
* It is well reputed for its excellent service and great food.
* Currently only opened for evening service.
* Lease until 2024 with an option to renew on application
* Fully equipped kitchen and all the kitchen equipment are in good condition.
* Fridges, freezers, POS systems and monitors for menu are in place.
* Uber, Menulog and Door Dash delivery options are in place
* Training provided and easy transition.
* A great opportunity for Owner operator.
* Excellent opportunity, vendor asking price is just $175,000.

Revenue and Expenses
* Sales- $43,333/ month approx. with current operating hours 27 hours only ( Revenue from catering not included)
* Rent per Month = $3,846/month
* Wages expenses = $15,600/month approx.
* Monthly net earnings before tax= $10,796/month approx.

Potential
* Increase the trading hours to the early afternoons for lunch as it is on Main Street, close to local shops.
* Expand the menu and the offerings.
* All above should increase the volume of sales per month.

Cost to acquire
* Business: $175,000+SAV.
* 6 months lease bond
* 1 month rental advance
* Legal fees for buying the business and lease transfer cost.

Disclaimer: Photos are for illustration purposes only and may not be the actual images of the business for sale.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

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