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Herculean Kirribilli Eatery

Business for Sale
Kirribilli NSW

Absolute prime location on a major 'eat street', located opposite the train station and the Harbour Bridge

Price $495000

HERCULEAN KIRRIBILLI EATERY

Stock Included: No
Stock Value: 5000
Years Est: 2009
Gross Revenue: 30000
Absolute prime location on a major 'eat street', located opposite the train station and the Harbour Bridge. This licensed restaurant serves woodfired pizzas, pastas, salads, schnitzels and steaks. The establishment offers dine-in, take-away & delivery and is frequented by both locals, visitors and customers from neighbouring suburbs. Extensive ordering through UberEATS, Menulog & Deliveroo. This business is HOT, and any purchaser will benefit from a long established and ROARING trade!!!

Weekly Takings: $30,000
GST: $2,727pw (10%)
Cost of Goods: $5,755pw (21%)
Gross Profit: $21,518pw (79%)
Rent: $2,763pw (10%)
Outgoings: $200pw (0.7%)
Wages: $8,580pw (31%)
Telephone: $15pw (0.1%)
Insurance: $85pw (0.3%)
Electricity: $240pw (0.9%)
Gas: $180pw (0.7%)
Operating cost: $3,370pw (12%)
Total Expenses: $15,433pw (57%)
Net Profit: $6,085pw (22%)

IMMENSELY Popular, HIGHLY Successful and HUGELY Profitable!!!

Run under full management with an excellent team in place.

Full commercial kitchen with walk-in cool room and woodfire oven.

20 seat establishment with rolling covers - Licensed premises.

Located in the thick of an array of successful food businesses, office buildings, high density residential, schools and the busy train station - HIGH foot traffic!!!

Very well established business (2009) - TOP QUALITY fit out - LONG secure lease.

Fantastic opportunity to own an established and extremely successful business with plenty of room for growth; an owner operator could also save on wages & increase sales & profitability.

Potential to DO catering + Potential to ADD breakfast.

Trading 7 days - 11:30am to 9:30pm (Delivery 5pm - 9:30pm).

Under FULL management 7 Kitchen staff, 5 Floor staff and 6 Delivery drivers (3 full-time, 15 casual)

Current lease expires May 2021 + one (1) further option of five (5) years (until 2026)

C.P.I. increases p.a - 3 months rental bond required for security.

This is a fantastic opportunity for a chef/front of house operator team with the added bonus that the business can run under total management.

Outstanding business opportunity that has built a loyal and regular customer base and has very consistent sales over a sustained period.

MASSES of tourists also frequent the strip, and the business is SUPER busy during NYE, VIVID, public holidays and sport events etc.

Large social media presence * Highly reviewed!!!

Call Barn on 0488 022 122

Contact Seller

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Contact: Barn Wilkes
Mobile: 0488 022 122
Bsale ID: 154839




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