Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $295,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $295,000

Business Details

Restaurant - Mexican Cuisine - North West

\nRestaurant - Mexican Cuisine - North West - Agent SBX Code Number: FR1037

Restaurant serving Mexican cuisine with over $1.5 million fit out that includes a fully licensed bar and large kitchen. - 150 seats inside - 50 seats outside. - This could suit a Franchisor looking to get their concept into this high profile area at around a quarter of the price of the fit out or a clever operator that sees a fabulous opportunity.

Potential
Significant potential to increase sales through implementation of a comprehensive marketing plan and reduce staff wages.

Features
Good location - Top fitout - No competition. - Well known.

Premises
Fantastic looking fit out with nothing to spend and an area of 250 sq. mts.

Location
Excellent eat street location in North West Sydney

Trading Hours
7 days - Mon. to Sun. - 11 a.m. - 11 p.m.

Lease
Current lease expires May, 2018 - 3 months bond - C.P.I. increases - New lease available.

Employees
2 owners+ 1 fulltime chef + 1 fulltimer, + 10 casuals

Comments
Figures are based on owner operator - Rare opportunity. - This rare opportunity will not come around very often at this price.

Figures
Weekly Sales $28846
Rent (ex GST) $5288
Wages $7850
Profit $3304

Agent SBX Code Number: FR1037 - SBX Business Brokers

  • Last Updated May 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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