This is undoubtedly one of the authentic and best Japanese restaurants located in Sydney CBD returning 7k weekly.
– Sale are steadily average $25k per week , trial can be offered.
– Fully managed with a strong team in place.
– Excellent fit out (2019) with a 50 sqm footprint.
– With seating for 30 Patrons, the restaurant has a decent capacity to serve customers.
– The lease is in place until February 2024, with an option for additional 5 years. The fixed 3% rent increase provides some stability.
– The rent as percentage of sales at 6.5% is within a unbelievable range for a restaurant business, $1600/week (Inc GST and outgoings).
– Trading from 11-3.30 and 5-8.30 pm Tues to Sat, can extend trading hour.
– The possibility of obtaining a liquor license can add another revenue stream and attract a broader clientele.
Excellent location in the heart of the city
Listing ID: NSW11081
Broker: Sudip Dhakal
Phone: +61 421 460 335
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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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