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Food, Beverage & Hospitality business for sale in Collaroy

  • Food, Beverage & Hospitality
  • Collaroy NSW 2097
  • $180,000 S.A.V.

Busy Mexican Restaurant Northern Beaches of Sydney

This Northern Beaches Restaurant has been established for two and a half years during which it has well and truly cemented itself in the area as the place to go for outstanding modern Mexican food with a relaxed style of dining.

The business is highly visible from the main road which runs the length of the Northern Beaches where thousands of cars pass by every day and is surrounded by complimentary shops and eateries. The area benefits greatly from the nearby major B-Line Bus stop, a large off-street carpark and popular Narrabeen beach just 250 meters away.

The interior which includes a bar area is 48 sq metres and has a laid-back feel with rustic and homey décor, colourful tablecloths and can seat up to 45 patrons. The kitchen is fully stocked with all the necessary commercial equipment fully owned by the business and well maintained. Items such as the fryer and bain-marie are only a few months old and fridges and freezers approximately 12 months old with some others 12 months old, and all Re-sealed in April 2021. There are two prep areas, a main kitchen area and expedite station all conveniently close to each other for easy service plus custom-built shelves hold the day-to-day essentials in easy reach.

The restaurant is family friendly with strong local support throughout the week plus weekends are boosted by the many visitors from out of the area who have been impressed by the outstanding Google / Facebook ratings that the business receives. School holidays also see a significant increase in trade due to the many local holiday homes and nearby NRMA caravan Park.
The menu offers healthy, delicious, modern Mexican / Californian cuisine. All items sell well however the best sellers are tacos, burritos, nachos and chicken wings bringing the average customer spend to approximately $40 per head. The restaurant is also fully licensed, with the Margarita cocktail having developed a huge following!

Lease
Five year term with options until July 2026.

Premises
The interior which includes a bar area is 48 sq metres and has a laid-back feel with rustic and homey décor, colourful tablecloths and can seat up to 45 patrons. The kitchen is fully stocked with all the necessary commercial equipment fully owned by the business and well maintained.

Opening Hours
Opening hours are Tuesday 4.30pm to 8.30pm and Wednesday to Sunday 12 noon to 8.30pm and the business runs with a core of 14 regular casual employees, plus two head chefs who work full-time and part-time, roughly 40 hours per week.

Opportunity
This business is all set-up and ready to go and is the perfect easy to run restaurant to trade as is where you can capitalise immediately on the successful operation run by the current owner or you could consider extending the opening hours, adding delivery partners or promoting party bookings to increase turnover.

**Weekly**

Weekly Turnover (inc GST) $13,122
Rent $613
Wages $2,609
Net Profit 2,259

Paul Leach
GSE Business Consultants
Paul Leach
GSE Business Consultants

Business Highlights

Business ID2016978240
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Last updated  3 May 2021
Map for Collaroy NSW 2097
Map for Collaroy NSW 2097Collaroy NSW 2097
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Paul Leach
GSE Business Consultants
Paul Leach
GSE Business Consultants

Business Highlights

Business ID2016978240
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  3 May 2021
GSE Business Consultants
Level 32/101 Miller St North Sydney NSW 2060
Paul Leach
GSE Business Consultants
Paul Leach
GSE Business Consultants

Ask Paul Leach about this business

Paul Leach

Paul Leach

GSE Business Consultants

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0415801313
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