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Restaurant business for sale in Balmain

  • Restaurant
  • Balmain NSW 2041
  • $298,000 (GST na)

T2814 - Business For Sale - Restaurant Restaurant - $23,000 pw - Cafe - Balmain - City Fringe - Nsw - Middle Eastern - Profit $6,000 pw

Restaurant - Cafe - City Fringe
SBX Business Code: T2814
Restaurant - Cafe serving Middle Eastern, North African and Moroccan Cuisine. - Totally refurbished and outstanding presentation,with beautiful interiors with coloured walls and a Moroccan theme. - Large full commercial kitchen totally open to the restaurant -Great equipment with cool room and separate office and dry store room . - Serves breakfast and brunch on weekends as well as dinners. - Also offering buffet style breakfast and lunch.

Potential
Currently only open 5 days - could expand trading to 7 days. - Could do more functions and weddings and corporate gatherings. - Currently run under management. - Owner operator would improve business .

Features
One of Sydneys longest and best known Middle Eastern Restaurants - Top location. - Great rental - New long lease available.

Premises
This business has an area of approx. 270 sq.mts. with rear side access for deliveries.

Location
Situated In iconic food strip in one of Sydneys best addresses.

Trading Hours
5 days - Breakfast, lunch and dinner - Wed. -Sun. - Closed Mon. - Tues.

Lease
Current lease expires Nov. 2018 - 3 month bond - 5% annual increases. - New 5 + 5 year lease available.

Employees
1 Manager + 2 chefs + 8 staff

Comments
Data base of 20,000 customers available. - Financials available.- Nearly 19 years of very successful operation. - Also just recently refurbished to a very high standard. Very well priced for sale current owner is very serious about selling.Business name is not included in the sale of the business.
Figures
Weekly Sales $23000
Rent (ex GST) $2423
Wages $6900
Profit $6000

SBX Business Code: T2814

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2013851149
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Category
Last updated  16 May 2019
Map for Balmain NSW 2041Balmain NSW 2041
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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