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Restaurants For Sale in Surry Hills Sydney NSW

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Bar - Restaurant - Cafe - Tapas - Restaurant - Tapas - 6 Nights Only - Cocktail Bar -city Fringe

Location:Surry Hills, Sydney, New South Wales

Category:Restaurant

Asking Price:$128,000

128000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Bar - Restaurant - Cafe - Tapas  - Restaurant  - Tapas  - 6 Nights Only - Cocktail Bar -city Fringe

Business description

Bar - Restaurant - Cafe - Tapas - City Fringe - Agent SBX Code Number: SF1551

Restaurant - Cafe - Tapas - Themed Rock and Roll Bar with attractive interior - Serving anti pasta- pasta - calamari - chips - bruschetta and other tapas - Full kitchen with cool room - Fully licensed selling wine, beer and lots of cocktails - 30 seats and venue capacity is 65

Potential
Outdoor seating (STA) - Open more during the day as a cafe - Add coffee - Focus on more themed events and live acts - Do some marketing and advertising - Improve social media presence

Features
Loyal clientele and established customers - High foot traffic - Great fit out and fun atmosphere - Nothing to spend

Premises
Neighbourhood themed rock and roll bar with good visibility and decorated with murals and memorabilia with an area of 100m2

Location
Busy main road location in a built up residential and retail strip minutes from the CBD in the City Fringe.

Trading Hours
6 nights - Mon. - Sat. - 5 p.m.- 12 a.m. (Midnight)

Lease
Current lease expires Sept. 2021 + 3 year option - CPI increases - 3 month bond

Employees
2 owners + 2 - 3 casuals as required

Comments
Misc. - 1 - Other general expenses + GST. - In 2018 over $50,000 was spent on an upgrade which included a new sound system - A must to inspect but please be discrete.

Figures
Weekly Sales $7100
Rent (ex GST) $1290
Wages $1000
Profit $2210


Agent SBX Code Number: SF1551 - SBX Business Brokers

Other Information

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