Very well established City restaurant For Sale. Income/profit to owner $7,800 pw
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
With a turnover in excess of $35k per week this business ticks all the boxes for anyone wishing to acquire a profitable business under semi-management.
This restaurant has been established and operated by the same owner for 18 years, it trades consistently well through the year.
The business is located in a vibrant area of the city of Sydney and holds a prominent corner position. Very good rental terms.
There are excellent systems in place with a management structure allowing the owner to have a hands-off arrangement in operations.
Excellent revenue/cash flow exceeding 35k per week.
Potential for increasing sales through extra marketing.
Good growth over the years.
Systems and procedures in place.
Steady business monthly/yearly.
Fantastic location in a vibrant part of Sydney.
Good team in place with an excellent culture.
Very good rental terms.
Quality product but not complicated.
Excellent client base.
Comprehensive professional website.
Firm commitment to offer high standards.
Strong corporate trade with lots of potential to grow events/functions.
The present owner will offer the new owner 2 weeks training on settlement and is then prepared to offer ongoing consulting at a negotiated fee if a new owner wishes.
There will be discussions held with the interested party in the early stages mapping out how the business could be structured under the new ownership.
This is the first time this restaurant has been up for sale in 18 years. The location is very desirable and deserves a serious buyers attention. The business represents an excellent investment opportunity for a private purchaser/owner investor and also an ideal platform as an acquisition for another similar company wishing to bolt on this business and experience immediate growth.
Asking Price $990,000 + SAV