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Restaurant - Takeaway - European Cuisine - Bar - Long le...

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Restaurant - Takeaway - European Cuisine - Bar - Long lease
NSW

Restaurant - Takeaway - European Cuisine - Bar - Northern Beaches - Agent SBX Code Number: FQ1089 Restaurant offering European inspired menu of Austrian, German, Swiss fusion that includes ite...

Price $249,000.00

Restaurant - Takeaway - European Cuisine - Bar - Long lease

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Takeaway - European Cuisine - Bar - Northern Beaches - Agent SBX Code Number: FQ1089



Restaurant offering European inspired menu of Austrian, German, Swiss fusion that includes items such as oven roast pork belly, beef ribs, mixed platter salad, sausage platter, baked buttered pretzel, lamb rack, pork/chicken schnitzel and a variety of desserts. - 150 seats inside - 80 seats outside - Licenced. - Food and restaurant highly rated on social media and by independent critics.



Potential

Can increase turnover greatly if open for breakfast and lunch - 12,000 new homes to be constructed on nearby street - Huge potential to boost sales from corporate catering, events and from other online sales (eg Menulog & Delivery Hero) - Can introduce other cuisine or menu.



Features

Loyal customers and repeat business. - Suitable for events, parties and functions- High traffic website & social media - Positive online reviews. - Good lease



Premises

New modern fit out with European theme and an area of 354 sq.mts.



Location

Prime location on busy intersection of main road in Northern Beaches.



Trading Hours

6 nights - Tues. - Sun. - 530 p.m. - 930 p.m. - 2 lunches - Sat. - Sun.- 1200 noon - 300 p.m.



Lease

Current lease expires June, 2018. + 5 + 5 year options - 3% annual increases. - 3 months bond (currently $30,979). - Outgoings & storeroom included in rent.



Employees

1 owner + 3 fulltimers + 4 casuals



Comments

Misc. 1 - bank fees, merchant facility fees & marketing costs. - Misc. 2 - GST & tax payments. - Chefs on 457 visa sponsorship in place for 3 - 4 years - Business is suitable for visa purposes.- Genuine opportunity and priced to sell. - All figures and sales can be verified.- Price negotiable. - Over Christmas, turnover exceeds $40,000/wk.



Agent SBX Code Number: FQ1089 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 130211
SBX ID: FQ1089




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