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Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • $580000

F3146 - Business For Sale - Restaurant Great location

Retaurant - Bar -Vietnamese Cuisine - Lower North Shore
SBX Business Code: F3146
Restaurant & wine bar serving modern Vietnamese cuisine. - The restaurant is fully licensed and has indoor and outdoor seating for 150 seats. - Brand new premium fit out. - Full open commercial kitchen with cool room facing the main dining room. - Stunning Wine Bar counter fitted with latest WiFi POS system. - High ceilings throughout the restaurant with large storage.Wide frontage.

Potential
To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week

Features
Little competition for this style of cuisine. - High profit margins. - Long lease. - Low rent for the size and location of the business. - Hot location.

Premises
Very warm and modern design with selected rustic recycled timber and an area of 200 sq. mts.

Location
Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Trading Hours
7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.

Lease
10 + 10 year lease from July, 2015 - fixed 3 % increases p.a. - 3 months bond

Employees
2 working owners + 11 rotating casuals .

Comments
The high standard of food for locals, passing trade and tourists makes this a number one destination for food and wine lovers. - The rent includes outdoor seating and storage. - Inspection is highly recommended - A must to inspect. - Please do not talk to any staff when visiting the business. Alfresco dining fully under cover.
Figures
Weekly Sales $35000
Rent (ex GST) $3140
Wages $7000
Profit $12000

SBX Business Code: F3146

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID

2013328698

Last updated

17 Oct 2018

Category

Restaurant, Food, Beverage & Hospitality

Map for Sydney NSW 2000

Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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