Beautiful Indian restaurant situated on a busy street and by the lakeside, Amazing View and Location!

$165,000+ SAV

1SELL Listing Number: 1AU0103.

Beautiful Indian restaurant situated on a busy street and by the lakeside, Amazing View and Location!

 Asking price $165,000+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.
  • Low rent.
  • It is well reputed for its excellent service and great food.
  • Currently only opened for evening service.
  • 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 $165,000.

 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: $165,000+SAV.
  • 6 months lease bond
  • 1 month rental advance
  • Legal fees for buying the business and lease transfer cost.

 Call Gaurav for a confidential chat & quote Listing Number: 1AU0103.

 

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.

Details

Suburb Cambridge Park
Property Type Business
Category Food/Hospitality

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