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Freehold Sushi Train And Japanese Restaurant Under Management For Sale

Waterloo, New South Wales, Australia
Asking Price:
$1,380,000 (AUD)
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

A la carte plus sushi train. 62% card sales plus 25% online leaving less than 13% in cash. Well established business systematically under management.

· Offering reasonably priced premium and authentic Japanese food on a carefully designed menu including sushi, sashimi, udon, ramen, bento and lots more
· A complete Japanese restaurant setup that combines sushi train and a la carte dining
· The dainty fit-out with a nuanced taste of Japan brings out a cozy and inviting atmosphere
· 62% card sales plus 25% online sales leaving less than 13% of sales in cash, along with systematic interim records keeping where every weekly sales, purchase and payroll has records, very easy to verify
· Restaurateur with relative experience would be best for the business

Financials:

Sales: ˜$20,000/wk
Profit: ˜$4,400/wk
Rent: ˜$770/wk
Wages: ˜$7,200/wk (under management)
Utilities: ˜$450/wk

Property Information

Real Estate:

Real Property Included

Location:

The freehold premise has residential properties and small businesses nearby, which readily brings in solid traffics from within the neighbourhood

Premises Details:

Approx. 85 sq m including kitchen at 25 sq m and storeroom at 20 sq m; 32 seats indoors and 16 seats outdoors; Freehold property valued at $950,000 included in the sale

Business Operation

Trading hours:

Monday-Friday 11:30 AM -3 PM , 5:30 PM - 9 PM; Saturday 5:30 PM -9 PM

Employees:
Run entirely under management; on a typical day 4-5 staff serving the hall; 4 staff needed in the kitchen on every weekday, and down to 2 on Saturdays

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