Restaurants For Sale in Sydney NSW

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Franchise - Pizza - Restaurant - Under Management - Well Established

Location:Sydney, New South Wales

Category:Restaurant

Asking Price:$650,000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Franchise  - Pizza - Restaurant - Under Management - Well Established

Business description

Franchise - Pizza - Restaurant - Under Management - South West Sydney - Agent SBX Code Number: FX1053

Restaurant - franchise - takeaway serving pizza, pasta, salads, desserts etc. - Well designed with dining area perfect for families, corporate or private events. - Full kitchen - 80 seats inside - 60 seats outside. - Licenced.

Potential
Can do more marketing to boost even higher sales.

Features
Great location. - Long established business over 10 years. - Regular local return customers.

Premises
This business has an area of 257 sq. mts.

Location
Situated in busy shopping centre in South West Sydney and close to all shops.

Trading Hours
7 days - Mon. - Fri. - 1130 a.m. - 9 p.m. - Sat. - Sun. - 1130 a.m. - 10 p.m.

Lease
Current lease expires March, 2021 - Annual rental 4% increases - 3 months bond.

Employees
1 Manager + 8 fulltimers + 20 casuals.

Comments
Mangers wages of $1700 is added to the profit as if for an owner operator. - Full wages under management is $14,900 - Misc. 1 - franchise fee 4.5% (loyalty 3% + marketing 1.5%) of gross sales. - Misc.- 2 - workers compensation. Successful international franchise outlets operating in N.S.W. for other 10 years with 4 restaurants in the Sydney area

Figures
Weekly Sales $38000
Rent (ex GST) $4230
Wages $13200
Profit $7580


Agent SBX Code Number: FX1053 - SBX Business Brokers

Other Information

Sbx Business Brokers
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