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Restaurant business for sale in Point Cook

  • Restaurant
  • Point Cook VIC 3030
  • $29,000 (GST na)

GNGDS1002 - Business For Sale - Restaurant Restaurant - Bar - Point Cook Area - Sales $9,000 p.w.

Bar - Restaurant - Takeaway - Cafe - Melbourne West
SBX Business Code: GNGDS1002
Restaurant serving English pub style meals including steak and mash and Yorkshire pudding with great on-tap beers - Full stand up bar and inside seating area - venue is popular as a function centre for intimate dinners and cocktail standing parties up to 180 - well equipped audio-visual equipment capabilities - weekly events like Fri. & Sat. music nights + discounted tap beers Sunday to Thursday. - 25 seats outside - 80 eats inside.

Potential
Outstanding location for private functions is currently under-utilised - new signage and social media promotion - Potential for change of cuisine to a steak house, Japanese teppanyaki, Mediterranean or Turkish.

Features
Highly visible and lots of foot traffic - Licence till 1am - Well established - Popular and well known.

Premises
Modern open-space with high ceilings and folding windows across the entire street frontage and an area of 140 sq. mts.

Location
South-Western outer Melbourne location on busy shopping strip near main entrance to shopping centre.

Trading Hours
6 days - Tues. - 5 p.m. -11 p.m. - Wed. to Sun.- 11 a.m. - 3 p.m. + 5 p.m. - 11 p.m. - Mon. closed.

Lease
4 + 5 year lease expires October 2023 - 3% C.P.I. increases - Bond is 3 months rent bank guarantee.

Employees
1 owner operator + 2 chefs + up to 6 casuals (demand dependent).

Comments
The venue was taking approx. $16k per week only a year ago. - Although this has dropped to $9k per week it still has the potential to build to about $20k per week with fresh management plan. - Generating around 30% sales on alcohol and 70% on balance. - Electricity and Gas is included in the rent. - 1 week training will be provided by vendor in handover if required.
Figures
Weekly Sales $9000
Rent (ex GST) $2077
Wages $2000
Profit $2156

SBX Business Code: GNGDS1002

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014565702
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Category
Last updated  30 Aug 2019
Map for Point Cook VIC 3030
Map for Point Cook VIC 3030Point Cook VIC 3030
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