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Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • $180000

TTQW1027A - Business For Sale - Restaurant Great rent

Restaurant - Bar - Under Management - North Coast N.S.W.
SBX Business Code: TTQW1027A
Restaurant - Bar offering classical meals inspired by Central European cuisine - On the menu are different types of schnitzels, wurstels, slow roasted beef, pork dishes, noodles, meatballs, burgers and salads. - Business focuses also on the bar offering a great range of draught beer, ciders, wine etc. - The venue seats up to 180 people on two levels - upstairs a function room which is used also when the ground floor is fully booked. -To accommodate functions & events, the restaurant offers 6 different menu choices with 3 courses plus a complementary spirit.

Potential
Opportunity to increase sales implementing marketing activities, contract with main local travel agencies or hotels, organise more function & events and open for longer hours.

Features
Well established - State of the art equipment and premises - Very strong customer database - Short trading hours.

Premises
The business extends for a total area of 1,470 sq. mts. including beer garden and parking area.

Location
Situated on the highway in a popular city on the North Coast known for its sub-tropical weather, fantastic accommodation, award winning cafes & restaurants.

Trading Hours
6 days- Mon. - Sat. - 530 p.m. to 9 p.m.

Lease
2 + 2 + 2 years lease commenced 2014 - Security deposit 3 months bond - C.P.I .Increases. - (Landlord has expressed he is prepared to offer additional 6 years lease)

Employees
1 Manager + 1 supervisor + 1 chef + 1 kitchen hand + 6 casuals.

Comments
This business represents a superb investment option for any investor looking for a fully-managed business. Located in a regional area, it also offers a great range of benefits for Visa purposes to any overseas investor or non-resident entrepreneurs.
Figures
Weekly Sales $13500
Rent (ex GST) $470
Wages $5190
Profit $2960

SBX Business Code: TTQW1027A

SBX Business Brokers - Sydney Business Exchange

Business Highlights

Business ID2014094882
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Category
Last updated  13 Dec 2018
Map for Sydney NSW 2000Sydney NSW 2000
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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