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Tapas Restaurant & Bar For Sale – Sydney

Business for Sale
Sydney NSW

6 Days! Dinner only Tue – Sun, 5pm – midnight. Est 2013. Lease till 2026 & $42K rent. Great location with potential to open for lunch. Great fit out, would also lend itself to different cuisines.

Price $190,000

TAPAS RESTAURANT & BAR FOR SALE – SYDNEY

Stock Included:
Stock Value:
Years Est:
Gross Revenue:

Location



Prime location and highly exposed with cars, buses and trains just around the corner. It is a very nice dining precinct with plenty of parking around.

Potential



• Daytime trading, take-away and cafe’ style food & bar
• Complete kitchen allowing for a variety of different cuisines
• Potential to improve Social Media presence
• An ideal business for franchising


Trading Hours



TUE – SUN 5:00pm – Midnight
MON: Closed


Lease



Terminating Date: Apr 2022 + 4 years Option

Employees



Kitchen: 1 Head Chef, 1 Casual Cook and 1 Casual Dishwasher
Front: 1 Floor Manager, 4 Casual Floor Staff including Bar Staff.

Reason For Sale



The owners are planning their retirement and believe they need to sell the business on the “up”, so they have created a platform on which a hands-on operator can take it to a new level for a continuing and solid return.

About The Business



This is an award winning business that has been established in Dec2013 and was designed as a bar & restaurant to maximise liquor sales profitability with a great ambience.
The fit outs are new with a complete kitchen and prime equipment all around and an excellent management system in place to control operations.

The business supplies the demand on the North Shore for quality eateries and the growing trend to eat small portions with different flavours and variety with “tapas”.
• Attractive Turn Over
• Very good rent and terms
• Best point in the North Shore
• Very professional and experienced team of employees
• Genuine and motivated seller is willing to train you and show all the secrets for its success, making the transition smooth and stress free


Financials



Period (Per Year)

Revenue $432,000

Rent $42,000

Contact Seller

Logo

Contact: Jeremy O'Gorman
Phone: 0413151607
Mobile: 0413151607
Bsale ID: 232428




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