, Newtown NSW

For Sale

Food/Hospitality

$199,000 + GST

    • Brochure [ File 1 ] [ File 2 ]
    • Franchise No
    • Staff Casual 5
    • Annual Turnover 858000
    • Annual Gross Profit 613600
    • Annual Ebit 231400

Business Headline : Busy Vietnamese Pho in CBD Surround, inner West, 10 mths ROI


Price : $199,000


Category : Food/Hospitality, Restaurant, Takeaway Food


This Vietnamese restaurant has been established since 2002 and is still going strong.


Recently, the business has been taken over by the second generation in the family and gone through a renovation in June of this year.


Unfortunately, the current owner cannot continue on the business and needs to sell urgently.


Serving simple traditional noodle dish to takeaway food. All staff in place. Current owner only works as a Cashier.


Asking price is less than a 1-year return. (approx. 10 months only) - Bargain for quick sale!


The Rent includes 3 Bedroom Unit upstairs - you can live in it or rent it out.


 


Key Features:



  • Well established and positioned on a busy main street in CBD surround, with main road exposure and plenty of foot traffic.

  • Walking distance to University and hospital.

  • Just under 2 years left on lease but the landlord is willing to extend terms to the approved buyer on request.

  • Low staff costs - can run with 5 employees.

  • High Revenue of $16,500 per week.

  • Full kitchen and grease trap.

  • Approx. 90sqm internal space with seating for 30.

  • Includes storage room and toilet

  • 3 Bedroom unit upstairs included in rent


Potential:



  • Promote catering and on-line orders.

  • Well established easy operation - suitable for first-time owners to start up a business and start earning from day one!


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5172646#enquire-now