Stunning Restaurant For Sale Tramsheds
Stock Included: No
Stock Value: 10K app.
Years Est: 3+
Gross Revenue: 33K/wk app.
About The Business
***Nominated in 2017 as one of the best restaurants and bars in the world!***
Established in 2016 amidst just 11 other specialty restaurants and retail outlets at historic Tramsheds in Rozelle.
Returning a handsome 21% EBIT (approx.) to its current owners.
- Prime location within Tramsheds complex.
- Close proximity to light rail station (trains to and from Central).
- Weekly Revenue: About $33Kpw.
- Weekly Rent: $5091pw.
- Owner's Return (EBIT): About $7.2Kpw (21%)
- Sale price does not reflect restaurant's prestige & sophistication.
- Returns a stunning $7000pw (21% EBIT (approx)) to current owners.
- Best location in historic Tramsheds complex.
- Can seat up to 150 guests.
- Nearly 4 years remaining on current lease.
- Can negotiate new lease.
- Very professional kitchen + front of house teams.
- State-of-art kitchen and restaurant equipment, fitout & furnishings.
- 10+ years with current owner.
- Fully equipped kitchen and bar. Plenty of cool room space.
- Professional kitchen & front of house teams.
- On-Premises liquor licence.
- Lease ends = Sep 2023 (3.7 years remaining)
- Landlord has indicated new lease can be negotiated by purchaser.
- Option = Nil
- Current rent = $5091pw + GST
11am - 10pm (Mon - Fri)
9am - 10pm (Sat - Sun)
Reason For Sale
Owner wants to focus on their family and other commitments.
Current owners willing to train new owners and continue in an advisory role if required.
To complete a confidentiality agreement and know more about this business, contact Gaurav Sareen on firstname.lastname@example.org or 0457 000 894.
Vexo Business Consulting
Licenced Business Brokers (NSW)
Lic No 10091795
Approximate Stock Value:
Property Title Included:
Business Operated from Home:
City of Sydney