Umami Japanese Restaurant

$75,000.00 Tax includes

Newport

SKU: FQ1110J Categories: , ,

Description

General Description
Restaurant serving Japanese cuisine including an assortment of bento boxes, sushi, sashimi, tempura, donburi, salad, mains dishes. – Tues. to Sat. trading serving dinner only. – Full kitchen – Seats 34 inside – Approx. $6,000 turnover per month from online ordering sites, Menulog, Eatnow etc.

Potential
Open for lunch hours, 7 days and increase sales significantly – Extend menu to takeaway sushi rolls, coffee and hot beverages – Currently not offering catering. – Could cater to local businesses.

Features
Very low rent – Established over 20 years – Very popular with locals – Fully licenced – Easy to operate.

Premises
Popular Japanese themed restaurant with an area of 120 sq.mts.

Location
Excellent location in a busy street near the beach and in front of a bus stop.

Suburb
Newport (Hidden)

Trading Hours
6 days – Tues. – Sun. – 5:00 p.m. – 10:00 p.m. – Mon.- closed

Lease
Current lease expires Sep. 2021 + 5 years. – 4% annual increases. – 3 months bond.

Sale Reason
Health reasons

Employees
1 owner + 2 fulltimers + 2 casuals

Comments
Vendor is chef and willing to train. – May suit two owner operators.Misc 1 refers to council fees (~$132/year), rubbish removal (~$1800/yr) & grease trap service (~$1440/yr). Misc 2 refers to merchant facility fees. Priced to sell. This business is easy to operate and has potential to perform at much higher turnover.

 

Figure Display Type Regular
Weekly Takings $7,000
Cost of Goods $2,000
Gross Profit $5,000
Rent $600
Outgoings $
Wages $1,400
Telephone $20
Insurance $50
Electricity $100
Gas $20
Misc 1 $65
Misc 2 $40
Total Expenses $2,295
Nett Profit $2,705
Price $75,000
Estimated Stock $5000
(Additional)
Equipment $
(Included)
Residence 0
Premium no
Undisclosed no

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