Link Business

Award Winning Sushi Train Restaurant

$25,000Gold CoastListing: #GC00168

About this business for sale

Award Winning Sushi Train Restaurant

You read it correctly – you can buy this business for $25k!

Winner of the Restaurant & Catering award for best sushi bar on the Gold Coast two years running, this restaurant makes the most of its' enviable location in the centre of a well-known eating precinct.

You can tell immediately on entering that the current owners have paid great attention to detail, from the well-planned Sushi Train to the themed decor and fit out.  The systems and procedures they have put in place allow staff to run the business in the owners' absence which means this business would suit an owner looking for something fully managed or to owner operate on a part time basis.

*  Annual Revenue exceeds $1.5M
*  Run Fully or Partly Managed
*  All P&E Included unencumbered

After 7 years trading, the revenue from this business is established and consistent. The liquor license is valuable in itself, as is the significant amount of Plant and Equipment, Furniture and fittings all included in the sale unencumbered.
Offer is Based on a Share Sale Agreement to acquire 100% of shares in the company. The asking price represents the Nett cash amount required to purchase the shares after accounting for Assets, Liabilities and outstanding employee entitlements.  

Asking Price:  $25,000

For full details contact Troy Potter

 

Gold Coast
troy.potter@linkbusiness.com.au
+61 7 5572 2122
+61 412 286 176

Troy Potter

*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.