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Food, Beverage & Hospitality business for sale in Newtown

  • Food, Beverage & Hospitality
  • Newtown NSW 2042
  • $190,000 (GST na)

NEWTOWN: Sydney's premier cheese dining experience

TYPE: RESTAURANT
SUITS: OWNER OPERATOR OR PARTNERSHIP OR INVESTOR
TURNOVER: $19,000 + CATERING SALES per WEEK
WEEKLY RENT: $886
SEATS: 36
KEY STRENGTHS:
• A destination restaurant and a favourite with locals established in 2014.
• Located on a busy "eat street" destination in the inner west.
• Dimmi 9.6/10; Timeout 4 Star; Google 4.6/5; Tripadvisor 4.5/5
• FBI Best New Eats Award Winner
• Website receives 4000 hits per month.
• On premise Liquor Licence.
• Strong alcohol sales as the wine list cleverly compliments the food offering.
• Very profitable as is, but the style of business also offers huge potential to replicate the model across multiple locations very quickly and easily. The owners have analytical data on the areas their customers travel from, so a lot of the research into future locations has already
been done.
This IP will be included in the sale.
• Would suit an investor looking to expand and scale quickly, or a partnership/owner operator looking for a highly profitable business to step into.
• Excellent rent (less than 5% of turnover).
• A Lease until February 2020 with another 3-year option to extend until February 2023.
• Quality team already in place.
• Organised and fully systemised business. New owner can walk in and start earning money.
• Clever branding and strong social media presence.
• Kitchen and Grease Trap.
• Full financials available.

Michael Fischer: 0418 866899
www.fischerconsulting.com.au

Business Highlights

Business ID2015001372
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Last updated  9 Mar 2019
Map for Newtown NSW 2042
Michael Fischer & Associates
Unit 25/337 New South Head Road Double Bay NSW 2028

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