HUGE $1.8 Mil revenue in prime Canberra city centre

Price: $420,000 Location: Inner North, ACT Ref: 5153473
Agent:
Jp Sinh
Agent Phone:
Office Phone:
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Business Headline :
HUGE $1.8 Mil revenue in prime Canberra city centre
Price :
$420,000
Category :
Food/Hospitality, Restaurant, Takeaway Food
Full Description :

Rare Opportunity, Very famous for delivering authentic and quality Asian food to all customers. A Modern Asian Fusion restaurant, where the customers have the chance to get creative and create their own Thai food experience, by choosing their own noodles and flavours, or taste the special Japanese food set dishes from our very experienced chef.

Revenue Around – $34,000 pw 

Rent- $4,401 pw

Key Features:

    • A well-located business in Canberra’s city centre
    • The business has a loyal customer base of lunch and Dinner
    • Long lease – 1.5+5 years, 7 days Trade
    • Amazing fit out with all plants and equipment in good condition
    • Under management, an easy to run business with great margin on products
    • Staff have been there from day one and are happy to stay
    • Owner is handing over all the recipe cards to new owner with full training on current business model and operations

Potential:

    • An owner operator could further increase sales, profit and reduce wages
    • Expand catering as there is huge demand in the area
    • Increase social media presence
    • Business model has the potential of franchising

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5153473#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=5153473#enquire-now

Annual Rent : Not Disclosed - Weekly Rent : Not Disclosed

Annual Turnover : $1,800,000 - Weekly Turnover : $34,615

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : $210,000 - Weekly Ebit : $4,038

Premise : Leased

Lease Commencement : Apr 2015

Lease End : Apr 2020

Lease Option: 5 years

Approximate Stock Value : $10,000

Year Established : 4

Days Trading : 7

Reason for Sale : moving to Sydney

Location : Canberra

Business Potential : Business Model has the potential of Franchising.

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