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Restaurant - Well established

Business for Sale
Restaurant - Well established
NSW

Restaurant - City Fringe - Agent SBX Code Number: F3210 Restaurant serving Modern Australian cuisine including seared atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fill...

Price $168,000.00

Restaurant - Well established

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - City Fringe - Agent SBX Code Number: F3210



Restaurant serving Modern Australian cuisine including seared atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fillet medallions. - Also vegetarian and gluten free options are available. - Upstairs dining is available for special occasions. - Full kitchen - Family and child friendly - Social media reports a high standard of both food and customer service. - 50 seats outside - 40 seats inside - Licenced.



Potential

Could open for weekend breakfast and lunch service which was recently discontinued for personal reasons. -Spend money on marketing.



Features

Consistently impressive reputation. - Well established - Regular clients



Premises

Beautiful rustic charm with its own unique courtyard and lots of alfresco dining with an area of 150 sq. mts.



Location

Situated in busy dining precinct in popular suburb in City Fringe.



Trading Hours

7 days - Mon. to Sun. - 5.30 p.m. to 9 p.m.



Lease

Current lease expires in May 2020 with potential for a further extension - 3 month bond - C.P.I. annual rental increases .



Employees

1 working owner / Manager + 1 fulltimer plus 12 casuals.



Comments

One fulltime working owner can make more profit by reducing the staff wages as the current owner only works three to four days per week.



Agent SBX Code Number: F3210 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163018
SBX ID: F3210




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