New South Wales

First Lebanese Cuisine Restaurant Of Newcastle For Sale

For Sale | $525,000

Restaurant

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.

Please Contact:

Broker: Gilraj Venkatappa

Phone: 0401744199

Email: gilraj.venkatappa@linkbusiness.com.au

Listing Number: NSW09546.

To complete an online confidentiality agreement, visit this business at: http://www.linkbusiness.com.au/NSW09546

The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
Ref: NSW09546
Timestamp: 20200712030026

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Gilraj Venkatappa



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Gilraj Venkatappa

LINK Sydney

Overview

This Restaurant Business is one of 99 businesses for sale in Hunter, New South Wales, and one of 15 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Hunter for the asking price of $525,000 and has been on market for less than 3 months.