Food/Hospitality for sale
Restaurant - Bar - City Fringe
Restaurant - Bar - City Fringe - Agent SBX Code Number: G1512
Bar- restaurant and relaxed day and night venue offering cafe style brunch & modern European cuisine of share boards and a laid-back bar & lounge atmosphere. - Licensed for 120 this is a great venue for corporate functions & popular with both the trendy locals as well as working couples. - Seating for 50 inside and 50 in undercover outdoor terrace.
An active owner operator could reduce wages & increase profits. - Business only 1 year old & still growing. - Could easily grow the corporate function market as located in the middle of trendy commercial City Fringe.
Great location. - Reasonable rent. - Excellent fit-out. - Recently renovated. - Nothing to spend. - Excellent website. - Great alfresco dining - Quality equipment and fixtures.
This business has an indoor & undercover area of approx 100 sq mts.
Well located in a City Fringe square that has become a trendy food & drink destination.
5 days - Wed. & Thurs. open for lunch & dinner. -Fri. to Sun. open all day till late.
2 yr. lease + 2 yr + 2 yr options commenced July 2014.
1 owner + 4 full timers and casuals as required.
Weekly Sales $15000
Rent (ex GST) $2000
Agent SBX Code Number: G1512 - SBX Business Brokers
- 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