Located next to the largest shopping complex in the eastern suburb of Newton, this fully licensed restaurant offers a prime investment opportunity. With seating for 60 guests indoors and a secure 10-year lease, this restaurant is a favorite among the locals of Newton, Rostrevor, Paradise, and Campbelltown. Convenient off-street parking behind the premises, along with ample parking nearby, enhances its accessibility. Notably, 50% of the restaurant’s sales are generated through UberEats.

Business Specifications:

• Weekly Turnover: $6,000 – $8,000 (with UberEats accounting for 50% of sales)
• Weekly Net Profit: $3,000 ($150,000 annually)
• Rent: $3,460 per month + $300 outgoings
• Lease Terms: 5+5 years remaining (10 years total)
• Solar Panel: 10.2 kW system; electricity bills approximately $1,500 – $1,600 per quarter
• History: Operating successfully for 6 years
• Plant & Equipment: Valued at $40,000
• Stock: Estimated at $4,000
• Current Opening Hours: Tuesday – Saturday, 11:00 AM – 2:30 PM / 5:00 PM – 8:00 PM (Closed Sunday and Monday)

Enquiries:

Charles Yuen
Mobile: 0422 233 112
Email: admin@rexrealty.com.au