Sophisticated Eat-in and Takeaway Restaurant
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Large Indoor & Outdoor 120 Seat Atmospheric business - Located On Busy Inbound & Outbound Road Inner West Sydney.
Renowned for their authentic charcoal cookers and Greek chefs delivering the Mediterranean to the public.
Features of the business:
- Located Inner West, 8km from the Sydney CBD.
- Currently operating 5 days a week, Wednesday Sunday, 11am - 11.30pm (late).
- Licensed to serve alcohol.
- This restaurant is currently serving Greek cuisine, catering to both patrons dining in & on the move.
- Has a large, however economical menu.
- Extremely large kitchen, cold room and facilities to suit any menu narrow or broad.
- 5 Car parks at rear.
- The atmosphere is rich not only due to the subtle music, crowd, attractive features & modern design, but due to the busy road this business is situated on which embodies the culture of the Inner West.
- Staff are vibrant and more than accommodating to patrons needs which along with the food, ambiance & word of mouth has built a loyal client base within close proximity and those from further afield.
- Before the restaurant launched it underwent an entirely new fit-out including brand new furniture and equipment bought outright. Valued now at $250K + (being less than 10 months old).
- Unlimited potential for any cuisine due to the multifunctional equipment, subtle branding and architecture so much so that any hospitality enthusiast will have unique ideas different to the next when visiting the site.
Occupies two properties:
- Main Site (163m2) including Kitchen, cold room, hot and cold equipment, coffee counter, storage, Bathrooms & balcony (37m2). - Seating 60 patrons Inside & 30 Outside.
- Secondary Site (87m2) includes office, large dry storage area, security monitoring & seats 30 patrons.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=3089003#enquire-now
Annual Rent : $96,200 -
Weekly Rent : $1,850
Annual Turnover : $878,592 -
Weekly Turnover : $16,896
Annual Gross Profit : $609,648 -
Weekly Gross Profit : $11,724
Annual Ebit : $298,194 -
Weekly Ebit : $5,735
Premise : Leased
Lease Further Option : Jan 2015
Lease End : Jan 2021
Current Outgoings pa: $33,254
Outgoings Paid by : Tenant
Total Floor Area : 250 Square Metres
Total No of Parking : 5
Tenancy : Vacant Possession
Tenancy Options :
Franchise : No
Approximate Stock Value : $30,000
Year Purchased : 2015
Year Established : 2015
Days Trading : 5
- 9 Casual
Staff Salaries : $182,000
Reason for Sale : Owner's secondary business is over performing and requires more of his time.
Location : Located on Busy Inbound & Outbound Road in Inner West Sydney.
Business Potential : Large Potential - Extended trading hours, extended trading days, foundation for any cuisine/demographic/culture, located on two sites.