Modern Sushi Bar in the heart of lower north shore suburb
- 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-nowTo 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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