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Restaurant business for sale in Gladesville

  • Restaurant
  • Gladesville NSW 2111
  • $399,000 (GST na)

SF1508 - Business For Sale - Restaurant Restaurant -Mexican- Bar - Takeaway - Gladesville Nsw - Profit $5226 pw

Restaurant -Bar - Cafe - Takeaway - Mexican - Inner West
SBX Business Code: SF1508
Restaurant - takeaway - home delivery - functions currently specialising in fresh authentic and regional Mexican cuisine including dips, tacos, nachos, mole poblano, tamales, salads, wraps, drinks, coffee, and churros - Premises includes a fully licensed bar and large full kitchen with cool room. - 75 seats inside and 75 seats outside in a covered alfresco area - Strong sales in 2020

Potential
Could open for breakfast as a cafe - Very successful as Mexican but would also suit any cuisine - Could promote catering and increase deliveries - Excellent for functions and parties - 5000 units are under construction nearby.

Features
Well established for over 10 years - Well known in local area .- Excellent location - Long lease with good terms. - Profitable -- Large storage area in the basement

Premises
Vibrant, bright and welcoming restaurant with indoor and outdoor alfresco setting, large dining areas, storeroom, bathrooms with an area of 331 m2

Location
Situated on a corner of a shopping village and complex with other restaurants and a large parking area and surrounded by residential in the Inner West Sydney

Trading Hours
6 days - Tues. - Sun. - 11 a.m. - 10 p.m.

Lease
Current lease expires May, 2027 - C.P.I. Increases - 3 month bond

Employees
1 owner + 2 fulltimers + 3 - 4 casuals

Comments
Misc.- 1 - Other general expenses and GST. - A three group coffee machine is fully owned ( purchase cost over $10K) and could be more utilised by opening as a cafe for breakfast / brunch. - Suitable for one owner, a family or a couple. - Motivated vendor - this business is a must to inspect but please be very discreet - Priced to sell - First time on the market.
Figures
Weekly Sales $24300
Rent (ex GST) $2874
Wages $6200
Profit $5226

SBX Business Code: SF1508

SBX Business Brokers - Sydney Business Exchange

Map for Gladesville NSW 2111
Map for Gladesville NSW 2111Gladesville NSW 2111
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