Food/Hospitality Business for Sale in NSW Photo 1
Takeaway Food for sale in Eastern Suburbs, NSW
For Sale $298,000

Takeaway Food for sale in NSW

Food/Hospitality
NSW
For Sale $298,000

Business Details

Bar - Restaurant - Takeaway - Cafe - Eastern Suburbs



Bar - Restaurant - Takeaway - Cafe - Eastern Suburbs - Agent SBX Code Number: SF1505

Bar - Restaurant trading four days with loads of atmosphere and serving seasonal and simple good bar food including steak, seafood and a selection of tapas . - Takings are approx. 60% cocktails - 40% food. - Kitchen includes exhaust and grease trap. - Fully licensed with a PSA license in place and a clever selection of wines and beer. - One of the best opportunities as no chef is required - Excellent sales for only 4 days per week trade - 50 seats

Potential
Could open more days. - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business

Features
Profitable - Long lease - Easy to learn menu and training provided - Very popular - Lifestyle business - Staff should be prepared to stay on - 4 nights only - Nothing to spend - PSA License

Premises
All new set up New York style bar with marble table tops and large bar, a refined and beautifully designed room and area of 75 sq. mts.

Location
Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station .

Trading Hours
4 days - Wed. - Sat. - 5 pm - 12 midnught

Lease
Current lease expires June, 2020 + 5 + 5 year option - 4% increases, - 3 month bond.

Employees
1 owner / Manager + 1 full timer + 2 parttimers + 1 casual

Comments
Misc.- 1- Other general expenses and GST - Very well run business. - Excellent systems in place - This business only trades 4 days so lots of potential to open more days and further increase sales and profit. - It is a locals favourite as well as a popular destination for tourists. - Fit out cost was over $150K in Dec 2016 - A must to inspect but please be very discreet and do not approach any of the staff

Figures
Weekly Sales $13400
Rent (ex GST) $1700
Wages $3500
Profit $3005

Agent SBX Code Number: SF1505 - SBX Business Brokers

  • Last Updated October 2018
  • Business Category Food/Hospitality
  • Business Sub Category Takeaway Food
  • Expenses $6495
  • Business Selling Price $298000
  • Trading Hours 4 days - Wed. - Sat. - 5 pm - 12 midnught
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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