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Restaurant - Functions - Cafe - Great opportunity

Business for Sale
Restaurant - Functions - Cafe - Great opportunity
NSW

Restaurant - Functions - Cafe - North West Sydney - Agent SBX Code Number: SF1231 Restaurant -cafe -functions serving Spanish tapas, chicken, seafood, salads, cheese plates, desserts,...

Price $78,000.00

Restaurant - Functions - Cafe - Great opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Functions - Cafe - North West Sydney - Agent SBX Code Number: SF1231



Restaurant -cafe -functions serving Spanish tapas, chicken, seafood, salads, cheese plates, desserts, coffee and cold drinks - . The restaurant is fully licensed with a primary service authorisation and serves beer, wine, cocktails and sangrias - Full kitchen - 60 seats inside and 70 seats outside.



Potential

Could open for breakfast on Saturday and Sunday - Promote as a venue for functions and/or weddings - Open more days - Do some marketing and advertising - Would suit any cuisine with few changes.



Features

Magnificent corner building with a good sized bar - Large outdoor dining area - Well established - Award winning - Good clientele- - Set Menus for functions - Long lease



Premises

Heritage listed 2 story restaurant with indoor, garden and alfresco settings and an upstairs loft apartment with area of 900 sq.mts.



Location

Situated on busy main street close to supermarket, shopping centre, theatre, university and train station in West Sydney



Trading Hours

4.5 days - Wed. - Fri. - 12 p.m. - 2.30 p.m. and 6 p.m. - 9 p.m. -Sat.- 12 p.m. till late - Sun.- 12 p.m. till 4 p.m.



Lease

Current lease expires Dec. 2019 + 5 year option - C.P.I. increases - 2 month bond



Employees

2 owners + 1 full timer + 2 casuals



Comments

Misc 1 - Other general expenses and GST. - All equipment belongs to the landlord and is fully maintained and replaced if broken. The owners live upstairs in a large loft style apartment - no separate entrance (this is approved as a separate function area if required). Unit rent is $330 plus restaurant rent $590. Total rent including the apartment is $920. p.w. - Award winning restaurant with very good website and TV video, as well as Facebook and social media presence. The two owner operators wages have been removed and shown in net profit. - Great lifestyle business suitable for a couple.



Agent SBX Code Number: SF1231 - Sydney Business Exchange

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 76544
SBX ID: SF1231




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