Skip to main content
Create an alert
Location
      Business Categories

      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $348000

      SF1116 - Business For Sale - Restaurant Rare opportunity

      Restaurant - Functions - West
      SBX Business Code: SF1116
      Restaurant - Function Centre - Italian style restaurant using local fresh produce serving pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with coolroom, grease trap and exhaust. - Extensive wine list with no large stock requirements. - Ideal for functions - 160 seats - 4 days only

      Potential
      Could trade up to 7 days. - An enthusiastic owner operator or couplecould increase sales and profit. - To do more club promotions and corporate events.

      Features
      Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours

      Premises
      New, elegant and stylish premises and an area of 350 sq.mts.

      Location
      Situated inside a large club in the West of Sydney

      Trading Hours
      4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Sun. - 12 p.m. - 3 p.m.

      Lease
      Current lease expires August,2020 - C.P.I. increases - 3 month bond (Licence agreement is in place)

      Employees
      1 Manager + 3 fulltimers - 4 casuals

      Comments
      Misc 1 - General Expenses -This restaurant is in a very large Italian Club. - Ideal for functions with access to two private function rooms seating 60 and 100 people.- Approx 50% profit is made on all the alcohol served with no stock / inventory held, the club is paid the other 50% for providing the alcohol. - Any interested parties should have Industry experience - This is a fantastic business with lots of potential for an experienced operator. - Most of the equipment is owned by the club. - No electricity, gas, water or rates are payable - A rare find and great opportunity - Inspection by appointment only.
      Figures
      Weekly Sales $20500
      Rent (ex GST) $700
      Wages $5900
      Profit $4560

      SBX Business Code: SF1116

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2011904792

      Last updated

      18 Mar 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

      CallEmail