Skip to main content
Create an alert
Location
      Business Categories

      Food, Beverage & Hospitality business for sale in Kirribilli

      • Food, Beverage & Hospitality
      • Kirribilli NSW 2061
      • $495,000

      HERCULEAN Kirribilli Eatery

      Absolute prime location on a major 'eat street', located opposite the train station and the Harbour Bridge. This licensed restaurant serves woodfired pizzas, pastas, salads, schnitzels and steaks. The establishment offers dine-in, take-away & delivery and is frequented by both locals, visitors and customers from neighbouring suburbs. Extensive ordering through UberEATS, Menulog & Deliveroo. This business is HOT, and any purchaser will benefit from a long established and ROARING trade!!!

      Weekly Takings: $30,000

      GST: $2,727pw (10%)

      Cost of Goods: $5,755pw (21%)

      Gross Profit: $21,518pw (79%)

      Rent: $2,763pw (10%)

      Outgoings: $200pw (0.7%)

      Wages: $8,580pw (31%)

      Telephone: $15pw (0.1%)

      Insurance: $85pw (0.3%)

      Electricity: $240pw (0.9%)

      Gas: $180pw (0.7%)

      Operating cost: $3,370pw (12%)

      Total Expenses: $15,433pw (57%)

      Net Profit: $6,085pw (22%)

      IMMENSELY Popular, HIGHLY Successful and HUGELY Profitable!!!

      Run under full management with an excellent team in place.

      Full commercial kitchen with walk-in cool room and woodfire oven.

      20 seat establishment with rolling covers - Licensed premises.

      Located in the thick of an array of successful food businesses, office buildings, high density residential, schools and the busy train station - HIGH foot traffic!!!

      Very well established business (2009) - TOP QUALITY fit out - LONG secure lease.

      Fantastic opportunity to own an established and extremely successful business with plenty of room for growth; an owner operator could also save on wages & increase sales & profitability.

      Potential to DO catering Potential to ADD breakfast.

      Trading 7 days - 11:30am to 9:30pm (Delivery 5pm - 9:30pm).

      Under FULL management 7 Kitchen staff, 5 Floor staff and 6 Delivery drivers

      (3 full-time, 15 casual)

      Current lease expires May 2021 one (1) further option of five (5) years (until 2026)

      C.P.I. increases p.a - 3 months rental bond required for security.

      This is a fantastic opportunity for a chef/front of house operator team with the added bonus that the business can run under total management.

      Outstanding business opportunity that has built a loyal and regular customer base and has very consistent sales over a sustained period.

      MASSES of tourists also frequent the strip, and the business is SUPER busy during NYE, VIVID, public holidays and sport events etc.

      Large social media presence * Highly reviewed!!!

      Call Barn on 0409 444 555

      Business Highlights

      Business ID

      2014289441

      Last updated

      20 Jun 2018

      Category

      Food, Beverage & Hospitality, Cafe & Coffee Shop, Franchise Resale, Restaurant

      Map for Kirribilli NSW 2061

      105 Avenue Rd Mosman NSW 2088

      CallEmail