For Sale $295,000
SBX Business Brokers

View phone number

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

Food/Hospitality for sale

NSW

For Sale $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

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