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

Cambridge Park NSW
Asking Price $170,000
About
1SELL Listing Number: 1AU0103.

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

Asking price $170,000+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 $170,000.

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: $170,000+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.

Property Code: 116
        
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