Modern Sushi Bar in the heart of lower north shore suburb

Price: $149,000 Location: North Shore - Lower, NSW Ref: 4922097
Agent:
Kenneth Ju
Agent Phone:
Office Phone:
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Business Headline :
Modern Sushi Bar in the heart of lower north shore suburb
Price :
$149,000
Category :
Food/Hospitality, Restaurant, Takeaway Food, Alcohol/Liquor
Full Description :

Key features:

  • Modern looking Japanese sushi bar and restaurant, well established by current owner for 5 years.
  • Prime location in the heart of Artarmon.
  • Very well known to the locals and delivery market with great reputation.
  • 45 seats and delivery around 35% of takings.
  • Constant, good performance even in 6 day operation, further growth potential with extended operation time and SNS promotions.
  • Fully equipped commercial kitchen with cool room and storage.
  • Competitive rent – around 10% of takings, 3 month bank guarantee with CPI increase.
  • Lease expires September 2022 – further 5 year option or new lease negotiable.
  • Fully licensed.

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4922097#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4922097#enquire-now

Annual Rent : $73,840 - Weekly Rent : $1,420

Annual Turnover : $702,000 - Weekly Turnover : $13,500

Annual Gross Profit : $526,500 - Weekly Gross Profit : $10,125

Annual Ebit : $204,880 - Weekly Ebit : $3,940

Premise : Leased

Lease Commencement : Sep 2017

Lease End : Aug 2022

Total Floor Area : 120 Square Metres

Franchise : No

Approximate Stock Value : $2,000

Year Purchased : 2014

Year Established : 2001

Days Trading : 6

Staff : 3 Full Time - 1 Casual

Staff Salaries : $156,000

Reason for Sale : other business interest

Location : Lower North Shore

Business Potential : Extended operation time and SNS promotion may increase taking over

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