For Sale AU$160,000 - Restaurant, Take away
***Licensed and BYO***
*** Award winning restaurant “2021 and 2022 Tripadvisor Traveler choice award”***
Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.
Description
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
Summary
· 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
· Potential: Further promote breakfast and lunch, good for an owner operator – State of art equipment – Ready to start as a restaurant chain.
· 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.
· 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
· Sale Reason: Other business interests.
TURNOVER: $18,000
PROFIT: $4,000