First Lebanese Cuisine Restaurant Of Newcastle For Sale

9 months ago Newcastle, Australia Ad Views:412 Ad ID: 3746

Additional Details

  • Ad ID3746
  • Posted On9 months ago
  • Ad Views412
  • Price$525,000

Description

About this Business for sale in Newcastle & Region

First Lebanese Cuisine Restaurant Of Newcastle For Sale

This Restaurant and Takeaway is on busy Pacific high way of New castle well with ample parking.

Under management operated not franchise.

Lease for 10years with 5 plus 5 years options.

Very low rent just $5,000/PM including rates, GST and outgoings.

Cooking premium quality and premium priced Lebanese cuisine with fast foods atmosphere Like Big giants Option of drive through with window and way.

All suppliers are in place they deliver onsite.

All equipment are brand new.

3 cool rooms and freezers.

Spacious Open kitchen.

With coffee options.

Monthly over $45,000 sale due to Covid-19 previously it was over $75,000/PM.

Open 7 days a week from 10AM till 8PM.

Highly rated by Uber eats.

Full training including cooking provided and easy transition.

Clean, beautiful restaurant shop and easy to run by owner and 2 employees.

Vendor is willing to for partial sale or complete sale. Preferably complete sale.

Great Opportunity for Business Visa purpose (Immigration Purpose) also the area belongs to Regional even though it is in heart of the city.

Very good opportunity, vendor asking price is just $525,000, WIWO.

Owner takes $7,000 to 9000 plus per month under management. (in Covid-19 time).

Potential

Develop your own app (currently under construction)

Open Drive through (already in place).

Increase the trading hours early morning till late as it is on High way.

Add BYO it will boost the sale.

Digitally market the business as it is New business just under a year.

All above should increase the volume to $25,000 to $30,000/week.

3746

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