Profitable Inner West Sydney Restaurant For Sale
This restaurant is in an excellent location in a bustling Inner West suburb. Trading 6 days per week from 5.30pm to late Tues - Fri and 12.00pm to late Sat & Sun, the business has a strong regular trade. Currently the restaurant does not trade for lunch during the week.
The business could operate under a management structure or the new owner/s could choose to operate the business themselves. The business is turning over approximately $780,000 per year with profits to the owner of approximately $150,000.
This is a beautiful restaurant in an ideal position and deserves further investigation by a serious purchaser.
* Established for over 9 years
* Excellent revenue/cash flow approximately $15k per week
* Potential for increasing sales through extra marketing and addition operating hours for lunch
* Substantial profits
* Excellent fit out and presentation
* Systems and procedures in place
* Steady business monthly/yearly
* Fantastic location in a fashionable suburb
* Good team in place with excellent culture
* Very good rental terms
* Excellent client base
* Firm commitment to offer high standards
The owner agrees to enter into a two week trial period.
The Business in its current state without any increase in advertising or sales based on current performance should create a weekly income for an owner operator of approximately $3k - $4k.
The business should continue to trade strongly under new ownership especially if the new owners have solid industry knowledge and are prepared to be diligent with running the business.
The business represents an excellent investment opportunity for a private purchaser(s) or is an ideal platform as an acquisition for another similar business/company wishing to bolt onto this business and experience immediate growth.
This business demands a genuine buyer’s attention.