Restaurant business for sale in Parramatta
- Parramatta NSW 2150
- 388,000 SAV
Fully Managed Modern Licensed Japanese Kitchen In Sydneys West!Listing
Great opportunity to own a well-established restaurant in a busy location, run fully under management and generating strong returns to its ownership.
Key features of this opportunity:
- Approx. $280,000 PEBITDA (2019)
- 14 Staff with full time manager
- Est. 05/17
- 160sqm and 76 seats with split levels
- Lease to Jan 2025 plus 5 years option
- Run under management
About the Business
With an ambience that combines elegance and comfort, this restaurant has grown to become a fixture of the local community. Offering a mouth-watering variety of Japanese delicacies and tapas through a dynamic and trendy concept, it is situated in a high-traffic area in a thriving area of western Sydney.
The business trades daily for lunch from 11.30am to 3pm and for dinner from 5.30pm to 9pm (Fridays and Saturdays to 10pm). The positive reputation of this business can be seen by the overwhelmingly glowing online reviews.
Run fully under management, the business employs well-trained staff necessary in order to ensure a seamless transition to a new owner.
With growing sales and an ever-evolving brand, this is a great opportunity to take advantage of a true turn-key operation in the Hospitality industry with a strong track record of success.
For more information on this opportunity, please contact the undersigned:
Allbiz Deal Room
T: 1800 858 696
For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID NSW09435 to search for the business.
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
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