F3139 - Business For Sale - BarsNightclubs Great opportunity
Bar - Restaurant - Functions - Cafe - Lower North Shore
SBX Business Code: F3139
Restaurant and wine bar selling Modern Australian cuisine including snacks, cured meats, cheeses, mains with fish, steak and chicken and desserts. - The wine bar showcases a casual fine food menu with a matched wine list from boutique producers. - Full kitchen - vibrant cocktail bar - The business is well known for its excellent wine list that can be easily paired with any of the full meals or tasting plates. - 120 seats inside.
Potential
Could open for lunch during the week. - Do more marketing for small functions.
Features
Long lease. - Excellent stylish fit out. - Wide street frontage. - Good restaurant reviews.
Premises
The business has a wide double frontage with office, courtyard garden and an area of 200 sq. mts.
Location
Prime street front location in Lower North Shore.
Trading Hours
7 days - Mon. - Fri. - 5 p.m. - 11 p.m. - Sat. - 12 noon - -11 p.m. - Sun. - 12 noon - 10 p.m.
Lease
Current lease expires Sept. 2021 + a 5 year option - 3 month bond - 4% annual rental increases .
Employees
Two owners working + two chefs + two managers and casuals as required.
Comments
First time on the market and a must to inspect.
Figures
Weekly Sales $30000
Rent (ex GST) $3000
Wages $7000
Profit $5500
SBX Business Code: F3139
SBX Business Brokers - Sydney Business Exchange