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Restaurant business for sale in Rhodes

  • Restaurant
  • Walker St Rhodes NSW 2138
  • $98,000 (GST na)

Bars/Restaurants - Cocktail Bar - Full menu - Prime Location - Rhodes NSW

Summary
High density residential area location in a built up residential and retail strip minutes from the Rhodes Station.

Revenue
$10,000 pw

Rent
$1,822 pw

Net Profit
$3,000 pw

Potential
Outdoor seating (STA) - Open more during the day as a cafe - Add coffee - Focus on more themed events and live acts - Do some marketing and advertising - Improve social media presence

Hours
Currently Open 7days 4pm--11pm

Lease
5 years + 5 years lease, commenced from Jan 2018; 3 months bond ; 4% Yearly Increase

Employees
2 fulltime + 1 - 2 casuals as required

About the Business
This Bar and restaurant is a well designed shop in Rhodes NSW.

The Floor area is 90 SQM + 30 sqm (outdoor)

The Bar/Restaurant is located near Rhodes railway station, about 5 minutes' walk away, with an area of 90 SQM. The indoor area can accommodate 40 people for dining at the same time, and the outdoor area is about 30 SQM, which can service 20 more customers.

The restaurant has its own fully equipped kitchen, including Chinese wok, wok, teppanyaki, cool room, bar and an array of beverage cabinets.

The Bar/Restaurant has stylish decoration, projector, luxury audio, central air conditioning and so on.

Potential
Outdoor seating (STA) - Open more during the day as a cafe - Add coffee - Focus on more themed events and live acts - Do some marketing and advertising - Improve social media presence

Hours
Currently Open 7days 4pm--11pm

Lease
5 years + 5 years lease, commenced from Jan 2018; 3 months bond ; 4% Yearly Increase

Employees
2 fulltime + 1 - 2 casuals as required

Business Highlights

Business ID2015529319
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ParkingAsk Business Broker
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Category
Last updated  31 Aug 2019
Map for Walker St Rhodes NSW 2138Walker St Rhodes NSW 2138
Unit 20/94 Bryant St Padstow NSW 2211

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