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.
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.
Magnificent corner building with a good sized bar - Large outdoor dining area - Well established - Award winning - Good clientele- - Set Menus for functions - Long lease
Heritage listed 2 story restaurant with indoor, garden and alfresco settings and an upstairs loft apartment with area of 900 sq.mts.
Situated on busy main street close to supermarket, shopping centre, theatre, university and train station in West Sydney
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.
Current lease expires Dec. 2019 + 5 year option - C.P.I. increases - 2 month bond
2 owners + 1 full timer + 2 casuals
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. - The freehold may also be available.
Agent SBX Code Number: SF1231 - Sydney Business Exchange