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Restaurant - Indian Cuisine - Takeaway - Under Management - Bar - Indian Restaurant -Takeaway - Under Management - North Sydney - Nett $3,180 P.W For Sale

Mcmahons Point, New South Wales, Australia
Asking Price:
$159,000 (AUD)
Sales Revenue:
$936,000 (AUD)
Cash Flow:
$165,360 (AUD)

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

Property Information

Location:

Situated in a prime street front location and surrounded by businesses, shops, offices, hotel, and residences in Lower North Shore Sydney.

Business Operation

Expansion 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.

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.

Employees:
2 fulltimers + 4 casuals
Years established:
2000