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Business ID BS4037

Restaurant for sale in Sydney's Inner West. T/O approx $1mil PA last 3 years

Beautifully appointed restaurant in heritage listed building. New lease available with reasonable rent for area. Well established business.

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This restaurant has been established for nearly 10 years and offers a new owner lots of potential to build the revenue and profits.

The business is currently trading 6 dinners/3 lunches and 2 breakfasts.

Business Highlights

  • Prime location on main street in very busy suburb.
  • Very good consistent turnover.
  • Potential for longer trading hours.
  • Very well appointed with quality fixtures
  • Full set of books available and tax returns.
  • Good rental terms.
  • Vibrant suburb with large population.
  • Solid business with regular trade.
  • Strong databases with approx 3400 contacts.
  • Comprehensive website
  • Excellent marketing strategies.
  • Systems and procedures in place.
  • Opportunity for functions weddings/corporate.
  • Close proximity to university.
  • Corner position offers loads of exposure.

This business is an ideal opportunity for any buyer looking to get into a well structured restaurant at a realistic price. Take the time to look at it today you will be impressed.

The owner will offer a two trial period at 18k per week after contract exchange. There will also be a two week training period after settlement. Further support could be negotiated.

Asking Price $130,000 plus SAV

Xcllusive Finance

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Business Sale Price:
SOLD
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