For Sale $145,000
SBX Business Brokers

View phone number

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

Food/Hospitality for sale

NSW

For Sale $145,000

Business Details

Restaurant - Modern Mediterranean - City Fringe

Restaurant - Modern Mediterranean - City Fringe - Agent SBX Code Number: GN1132C Restaurant serving a selection of entrees, salads, pasta and risottos - 50 seats - Full kitchen, coolroom, male and female toilets. Potential Would benefit greatly by opening for breakfast and lunch and concentrate on coffee trade. Features Great position. Licenced. Premises This business has an area of 110 sq.mts. Location Situated In the heart of thriving cafe / restaurant precinct. Trading Hours 6 days - Tues. - Sat. - 5 p.m. - 10 p.m. - Sun. - 9 p.m. - 3 p.m. Lease Current lease from 3 yrs. from Dec. 2012 + 5 yr. option. - Bond + 5 % annual increases. Employees 1 owner + 1 chef + 6 casuals Comments DA approval for 26 outside seats. - If the new owners were to concentrate on coffee sales and more toward cafe style food turnover and profit would increase substantially. Figures Weekly Sales $6000 Rent (ex GST) $1400 Wages $2000 Profit $1170
Agent SBX Code Number: GN1132C - 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