North Sydney Japanese Restaurant Priced to Clear

* This is a Japanese restaurant that once enjoyed a reputation in North Sydney.

* UNDER MANAGEMENT operation.

* Currently, 60-70% of kitchen capacity is used as a central kitchen rather than retail.

* The current retail trading operates 5 days a week with short business hours from 11am to 2:30pm

* Business hours approved by the building owner are allowed until 23:00 and a liquor license is available.

* North Sydney rent is considerably cheaper than market rent ($1,760/wk inc. GST)

* Indoor 100m^2 + outdoor 20m^2

* All interior fixtures, equipment and furniture are included (except sushi machine)in sale price.

* Although the remaining lease period is short, priced to clear taking this into account.


Financial Guidelines:

Weekly Sales: $10,500 (5 days)

Rent: $1,755/wk

Staff Wage: $3,000/wk

Weekly Profit: $1,400 (Under Management)

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Enquiries to Exclusive Agent


Alex Young Kim

Principal / Licensee-in-Charge

Licensed Real Estate & Business Agent


IDEAL REALTY ADVISORS

Suite 02
Level 7
9 Delhi Road
North Ryde, NSW 2113


M: 61 414 088 089

T: 61 2 8007 4989


Disclaimer: Whilst reasonable care and searches were conducted in preparation of information, I do not guarantee or warrant the accuracy or reliability of the information and I will not be liable for any loss, damage or expense incurred or arising by reason of any person using or relying on the information provided. Buyers should seek advice from their own Advisors.