1SELL Listing Number: 1AU0103.
Beautiful Indian restaurant situated on a busy street and by the lakeside, Amazing View and Location!
Asking price $115,000+SAV.
On offer is a beautiful Indian restaurant with liquor license, which has been operating since 2020.
This restaurant is on the main and busy street of the town Centre, close to local shops.
It is well reputed for its excellent service and great food.
Currently only opened for evening service.
Low rent
Lease until 2024 with an option to renew on application.
Fully equipped kitchen and all the kitchen equipment are in good condition.
Fridges, freezers, POS systems and monitors for menu are in place.
Uber, Menulog and Door Dash delivery options are in place.
Training provided and easy transition.
A great opportunity for Owner operator.
Excellent opportunity, vendor asking price is just $115,000.
Revenue and Expenses
Sales- $43,333/ month approx. with current operating hours 27 hours only (Revenue from catering not included)
Wages expenses = $15,600/month approx.
Monthly net earnings before tax= $10,796/month approx.
Potential
Increase the trading hours to the early afternoons for lunch as it is on Main Street, close to local shops.
Expand the menu and the offerings.
All above should increase the volume of sales per month.
Cost to Acquire
Business: $115,000+SAV.
6 months lease bond
1 month rental advance
Legal fees for buying the business and lease transfer cost.
Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.
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