For Sale $198,000
SBX Business Brokers

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

Food/Hospitality for sale

NSW

For Sale $198,000

Business Details

Restaurant - Bar - Cafe - Takeaway - City Fringe



Restaurant - Bar - Cafe - Takeaway - City Fringe - Agent SBX Code Number: SF1204

Restaurant - bar - cafe -takeaway serving fresh and tasty Latin style food for brunch and dinner including full breakfast, chicken, seafood, salads, drinks and set menu options as well as large and small size plates. - Fully licensed - Excellent cocktail list with a focus on spirits . Good selection of wine and beer. - Full kitchen - 35 seats inside and 12 seats outside.

Potential
Extend trading hours - Run as a cafe during the day as lots of potential - Do some advertising and marketing - Business is still growing.

Features
Upstairs bar - Nothing to spend - Well known with locals and great reviews - Very popular - Ideal for functions - Amazing fit out

Premises
Three levels of dining and bar with a unique theme and excellent features, custom built throughout with an area of 250 sq. mts.

Location
Great position with lots of foot traffic situated in a well known eat street surrounded by commercial and residential in City Fringe.

Trading Hours
6 nights - Tues. -Wed. -Thurs. - 6 p.m. - 10 p.m.- Fri.- 12 p.m. - 3 p.m. + 6 p.m. - 11 p.m.-Sat.- 11 a.m. - 3 p.m. + 6 p.m. - 11 p.m. - Sun.- 11 a.m. - 3 p.m. + 6 p.m. - 9.30 p.m.

Lease
Current lease expires Dec.2016 + 3 + 3 year options - C.P.I. increases - 3 months bond

Employees
1 owner + 1 full-time + 5 - 6 casuals

Comments
Miscell. 1. Other general expenses.- Miscell.2 - Outdoor seating. - Training can be provided to continue with this very successful concept.. - Set over 3 levels with a function room and bar upstairs and all with a fun and unique theme.

Figures
Weekly Sales $12100
Rent (ex GST) $2000
Wages $3100
Profit $2424

Agent SBX Code Number: SF1204 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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
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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

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