Food/Hospitality for sale
$1.8m TURNOVER. $436k PROFIT UNDER FULL MANAGEMENT. STUNNING BAR & RESTAURANT FOR SALE IN SYDNEY SOUTH
A truly beautiful bar and restaurant, sure to impress even the most discerning buyer.
High profile establishment, ideal for astute investors and owner operators alike.
Trades 5 days under full management with potential to grow the business.
**Huge potential to add coffee and breakfast menu**
THE FIT OUT
Almost $600,000 was spent on setting up this iconic business and the results are worth every cent.
This includes state-of-the art equipment in the professional commercial kitchen and bar.
The furniture and decor are top notch. The place exudes class.
The business comes with a detailed asset schedule and there are plenty of depreciation benefits remaining.
The building itself was recently developed.
The corner position allows for two separate covered outdoor areas.
The business trades 5 days and runs under full management.
Sales average $35,000 per week.
Long lease with rent only 7.7% of turnover.
Potential to reduce staff costs increase profit.
High margins on food and beverages. High alcohol sales.
Highly profitable business with detailed figures and accounts.
Plenty of potential to extend trading hours to include Monday and Tuesday as well as lunch throughout the week.
**This sale is strictly confidential**
CALL TODAY TO DISCUSS THIS FANTASTIC OPPORTUNITY
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- Business Category: Food/Hospitality
- Business Sub Category: Takeaway Food