This newly fitted out Famous Asian Franchise Restaurant is strategically located on a popular shopping strip surrounded by restaurants, banks, a post office, and other key retail outlets.Close to Train station with heavy foot trafic. Fully equipped with a full commercial kitchen and seating for 60, this business thrives as an Asian restaurant with no competition, This is a must-see with huge potential.
Suitable for 188A visa applicant, This business is constantly growing. An active owner operator could increase sales to a high level.
- High profit margins
- Reasonable rent
- Very well established. Prime location.
- No competition in the area.
- Very easy to run.
- Good brand with strong support from the Franchisor.
- Liquor license until 10:00 pm.
- Secure 7-year lease
- All equipments included
Large shop front ; high exposure; Very well presented Restaurant with an area of 150 sq. mtrs, and lots of seating inside + outside.
Prime location in busy Upper North Shore Suburbs eat street close to train station with heavy foot trafic. Restaurant is strategically located on a popular shopping strip surrounded by restaurants, banks, a post office, and other key retail outlets.
7 days - 11 a.m. to 9.00 p.m.
7 Years lease ;-C.P.I + 2.5% increases - 6 month bond
8 Fulltime + 3 Casuals.
First time on the market and a must to inspect - Full financial figures can be obtained from the vendor after a satisfactory meeting has been held between both parties. - The business has grown organically by word of mouth alongside growth of the area. - No money has been spent on advertising or promotion.
Upper North Shore - Asian Licensed Restaurant - Franchise
Figure Display Type Regular Weekly Takings $35,000 Cost of Goods $10,000 Gross Profit $25,000 Rent (Inc.GST&OUTGOINGS) $3,600 Outgoings $0 Wages $11,500 Telephone $20 Insurance $40 Electricity $350 Gas $650 Misc 1 $2,200 Misc 2 $2000 Total Expenses $20,360 Nett Profit $4,640
Estimated Stock (additional)