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Restaurant business for sale in Bondi Junction

  • Restaurant
  • Bondi Junction NSW 2022
  • $2,500,000 (GST na)

SF1537 - Business For Sale - Restaurant Kellys Bar & Grill - Steakhouse - 3 locations - Sales $155,000 p.w - Profit $16,153 pw

Restaurant - Under Management - Bar - Functions - Cafe - Sydney
SBX Business Code: SF1537
Restaurant - Bar - Steakhouses - Included are three locations to be sold as one going concern. - Selling fresh and generous portions of steaks, ribs and burgers as well as a wide variety of chicken, seafood, salads, fresh bread and vegetarian dishes - Fully licensed selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art well maintained open kitchens - Bondi Junction has 200 seats - Miranda 200 seats and Chatswood130 seats. - A 2 page confidentiality agreement is required.

Potential
Fantastic opportunity to own an established and extremely successful Sydney based business with plenty of room for growth - Could introduce coffee and breakfast especially on weekends - Reduce the top end management/head office and labour costs - Lots of opportunity to increase sales

Features
High foot traffic locations - Well established since 1995 - Ideal for functions, events and parties - Popular and well known for service and quality food - Successful and great reputation- Profitable and easily scalable business model - Currently under management - Excellent website and social media presence.

Premises
These stylish, industrial chic and well designed venues operate in three Sydney suburbs and the shops are respectively 397, 427 and 328 m2 areas.

Location
Prime high traffic locations in Bondi Junction, Miranda and recently opened in Chatswood.

Trading Hours
7 days - Open for lunch and dinner

Lease
All have very good lease terms in place with incentives and leases will be available to serious buyers

Employees
Full staff list will be provided as required after a meeting.

Comments
Miscell.- 1 - Includes all general costs such as electricity, gas, insurance, cleaning & waste removal. - Bondi Junction opened in 1995 and Miranda opened in 2015. - Solid, consistent performers, systematised businesses with attractive lease conditions and incentives. - Net profit shown is based on addbacks,reducing current wages and incentives. - Recent set up cost including equipment of the newest Chatswood restaurant cost over $1.9 million dollars (opened Dec 2018) - Full financials, leases and equipment lists available after a meeting - A new owner could also turn into a franchise as all the systems are in place - One of the best opportunities on our books and priced to sell for experienced and motivated purchasers, astute hands on operator or investors - An exceptional product and an extremely strong brand - An absolute must to inspect but please be very discreet - A 2 page confidentiality agreement is required.
Figures
Weekly Sales $155000
Rent (ex GST) $18000
Wages $60000
Profit $16153

SBX Business Code: SF1537

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2015165561
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Category
Last updated  18 Apr 2019
Map for Bondi Junction NSW 2022
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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