Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $130,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $130,000

Business Details

Restaurant - Australian Cuisine - Western Suburbs

\nRestaurant - Australian Cuisine - Western Suburbs - Agent SBX Code Number: FR1013

Restaurant serving Australian Cuisine with fine dining - The menu includes seafood, wagyu and venison. - Serves a Degustation Menu with or without matched wines. - The first and second courses are delightful, and are finished with a beautiful dessert menu. - It has excellent storage and the kitchen is in excellent condition. - 25 seats outside - 40 seats inside - Licenced.

Potential
Could open longer hours and more days - Could change the cuisine or introduce a totally new concept.

Features
Great presentation. - Established 11 years. - Very good rent. - Great opportunity.

Premises
Very tidy and organised with great ambiance and a total area of 150 sq. mts.

Location
Trendy location in Western Suburbs / Blue Mountains area.

Trading Hours
3 days - Thurs. & Fri. - 6 p.m. to late. - Sat. - 12 p.m. to 3 p.m. and 6 p.m. to late.

Lease
3 + 3 year lease commenced July, 2014 - Bond 3 months - C.P.I. increases.

Employees
2 owners + 2 apprentices + 2 kitchen hands + 4 waiters

Comments
Miscell. 1 - Expenses relating to up keep of the restaurant. - An absolute great buy.

Figures
Weekly Sales $8830
Rent (ex GST) $490
Wages $2250
Profit $2035

Agent SBX Code Number: FR1013 - 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
1 Photo

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