Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - Indian Restaurant -Takeaway - Under Management - North Sydney - Nett $3,180 p.w - SFD1038
Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - Indian Restaurant -Takeaway - Under Management - North Sydney - Nett $3,180 p.w - SFD1038
Industry :
Food/HospitalitySub Industry :
RestaurantRestaurant - Indian Cuisine - Takeaway - Under Management - Bar - Lower North Shore - Agent SBX Code Number: 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
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.
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.
Location
Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.
Trading Hours
7 days - Lunch - 11.30 a.m. - 3 p.m. - Dinner - 5 p.m. - 9 p.m. - Weekend opens for breakfast 7.30 a.m. -11.30 a.m.
Lease
Current lease expires in Feb. 2025 + 5 years option - 3 months bond - 3% rent increase per annum
Employees
2 fulltimers + 4 casuals
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.
Figures
Weekly Sales $18000
Rent (ex GST) $2000
Wages $6500
Profit $3180
Agent SBX Code Number: SFD1038 - SBX Business Brokers
SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.
Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.
SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.
To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.
View other listings by this business
$159,000 + SAV
Enquire about this business
Get In Touch :
Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
Similar Listings
Master Franchise Opportunities with Burgertory: Expand an Award-Winning Brand Across New South Wales!
New South Wales,Australia
REVENUE
Contact Advertiser
PROFIT
$0
ASKING PRICE
Contact Advertiser
ONGOING DEALS
0
Welcome to LeWrap - A Franchise You Can Be Proud Of!
New South Wales,Australia
REVENUE
$0
PROFIT
$0
ASKING PRICE
$200000
ONGOING DEALS
0
Discover the Ultimate Franchise Opportunity with Brooklyn Depot: Quality, Support, and Success Await!
Queensland,Australia
REVENUE
Contact Advertiser
PROFIT
$0
ASKING PRICE
Contact Advertiser
ONGOING DEALS
0