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Restaurant - Functions - Rare opportunity

Business for Sale
Restaurant - Functions - Rare opportunity
NSW

Restaurant - Functions - West - Agent SBX Code Number: SF1116 Restaurant - Function Centre - Italian style restaurant using local fresh produce serving pastas, risotto, salads and a la...

Price $348,000.00

Restaurant - Functions - Rare opportunity

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Functions - West - Agent SBX Code Number: SF1116



Restaurant - Function Centre - Italian style restaurant using local fresh produce serving pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with coolroom, grease trap and exhaust. - Extensive wine list with no large stock requirements. - Ideal for functions - 160 seats - 4 days only



Potential

Could trade up to 7 days. - An enthusiastic owner operator or couplecould increase sales and profit. - To do more club promotions and corporate events.



Features

Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours



Premises

New, elegant and stylish premises and an area of 350 sq.mts.



Location

Situated inside a large club in the West of Sydney



Trading Hours

4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Sun. - 12 p.m. - 3 p.m.



Lease

Current lease expires August,2020 - C.P.I. increases - 3 month bond (Licence agreement is in place)



Employees

1 Manager + 3 fulltimers - 4 casuals



Comments

Misc 1 - General Expenses -This restaurant is in a very large Italian Club. - Ideal for functions with access to two private function rooms seating 60 and 100 people.- Approx 50% profit is made on all the alcohol served with no stock / inventory held, the club is paid the other 50% for providing the alcohol. - Any interested parties should have Industry experience - This is a fantastic business with lots of potential for an experienced operator. - Most of the equipment is owned by the club. - No electricity, gas, water or rates are payable - A rare find and great opportunity - Inspection by appointment only.



Agent SBX Code Number: SF1116 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 163053
SBX ID: SF1116




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