For Sale $450,000
SBX Business Brokers

View phone number

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $450,000

Business Details

Restaurant - European Cuisine - Function Cntre - City Fringe

\nRestaurant - European Cuisine - Function Cntre - City Fringe - Agent SBX Code Number: F3092

Restaurant serving European cuisine and offering a diverse grill, pasta menu. - Private upstairs function room - seats 65 people or 100 people standing. which is perfect for any corporate or private event. - The average spend per head is approx. $45. - Offers live music on Friday nights.

Potential
Open for lunch during the week and do corporate catering.

Features
Open kitchen with large char grill. - Well known - Established 40 years.

Premises
Well lit dining hall with cathedral ceilings and an area of 300 sq. mts.

Location
Prime street front location in iconic eat street location.

Trading Hours
7 days - Mon. -Thurs. - 5 p.m. to 11 p.m. - Fri. and Sat. - 12 p.m. to 12 a.m. - Sun. - 12 p.m. to 11 p.m.

Lease
New lease available

Employees
Husband and wife + two chefs and casuals as required.

Comments
Vendor does not own the coffee machine. - Offers live music on Friday nights. - First time on the market and a must to inspect.

Figures
Weekly Sales $25000
Rent (ex GST) $3000
Wages $6000
Profit $4000

Agent SBX Code Number: F3092 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
 1 of 1 photos 

Enquire

SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

Enquire about this business:

I would like to:

Tools