Restaurant - Cafe - Function - Bar - Very popular
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Restaurant - Cafe - Function - Bar - Eastern Suburbs - Agent SBX Code Number: SF1279
Restaurant - cafe - steakhouse, BBQ serving ribs, burgers, steaks, salads as well as coffee, tea and desserts. - Full kitchen with BBQ rotisserie with a separate cool room. - Fully Licensed with an on premise license specialising in cocktails, beers and a good wine list- 12 seats outside - 70 seats inside.
Could open for breakfast and lunch - Trade 7 days - Do some advertising and marketing - Increase coffee sales - Expand on functions and catering - Continue to grow the business. - Suit many cuisines
Top position - High foot traffic - Nothing to spend- All systems and procedures in place - DA till midnight - Exclusive harbourside suburb.
Beautifully set up with large booths, and a good sized bar, kitchen, store room and drive in loading dock and an area of 150 sq. mts.
Perfectly located in an upmarket, well known and iconic shopping strip surrounded by retail, cafes, schools, hotel and residential in the Eastern suburbs.
6 days - Tues. - Fri. - 5.30 p.m. till 11.30 p.m. - Sat. - Sun. - 11 a.m. - 3 p.m. and 5.30 p.m. - 11.30 p.m.
Current lease expires Nov .2018 + 5 year option - C.P.I. increases - 3 month bond
1 owner + 3 fulltimers + 3 - 5 casuals as required
Misc. 1 - Outdoor seating- Misc. 2 - Other General expenses. - Opening for brunch on Sat. and Sun. since May 2016 and sales are steadily increasing.- New BBQ rotisserie installed worth over $23,000, - 2 mobile BBQ included.- Some equipment is owned by the landlord. -Full operations manuel and good records provided after a meeting.- New fit out and equipment worth over $240K. - This area is fast becoming a popular destinations for drinks, dining and night life. - A new operator would be able to increase sales and profit. - A must to inspect but please be discreet!
Agent SBX Code Number: SF1279 - Sydney Business Exchange