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Restaurant business for sale in North Ryde

  • Restaurant
  • North Ryde NSW 2113
  • $300,000 (GST na)

GNGD1064 - Business For Sale - Restaurant Cafe - Restaurant - Function Centre - North Ryde Area - Sales $23,821 p.w

Cafe - Function Centre - Bar - Restaurant - North West Sydney
SBX Business Code: GNGD1064
Cafe - restaurant - bar offering breakfast and dinner to apartment guests and local residents and lunch to corporate clients in nearby business park - Also operates as a busy conference & function centre - excellent supplier arrangements for wines, liquor, seafood, meats, general produce etc. - option to operate for 6 days - Deliveroo and Uber Eats boost food sales.

Many options to expand sales & increase profitability - better promote highly profitable corporate sales - better promote through social media - better leverage multiple functions on the same day - no competition for many miles around -

Captive customers from serviced apartments - Surrounded by major corporate customers requiring lunch, conference & function facilities - Multi-purpose premises for up to 240 guests

Located on ground floor of 173 room serviced apartment building with a spacious multi purpose area of 600 sq.mts.

Situated near very busy North West Sydney business precinct.

Trading Hours
7 days - Breakfast - 6.30 a.m. to 9.30 a.m. - Lunch - Noon to 3 p.m. - Dinner - 5 p.m. to 10 p.m.

Currently running on monthly lease - a new lease is available with lease period & option terms to suit buyer of business.

Owner operator + 3 full time employees + 3 casual employees (at any one time)

Equipment included - New conference equipment $40k, new 3-head coffee machine $15k, new wood-fired pizza oven with sophisticated splitting exhaust system, cool rooms.
Weekly Sales $23821
Rent (ex GST) $2321
Wages $7657
Profit $3804

SBX Business Code: GNGD1064

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014839756
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Last updated  6 Jun 2019
Map for North Ryde NSW 2113North Ryde NSW 2113
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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