Established North-West Sydney Licensed Restaurant/Bar/Cafe - $15K p/w Turnover, Low Rent
1SELL Listing ID: 1AU0316
Price: $250,000 + Stock
Key Highlights of the Business:
Established licensed Mediterranean Restaurant, Bar and Cafe in North-West Sydney.
Prime location within an affluent and supportive community.
Established in 2015.
Low rent approx. $1,150 per week.
Currently trading 6 - 6.5 hrs hours a day.
Low food cost approx. 24% of turnover.
Licensed venue with BYO wine option currently in place.
4.5 stars on Google, 2k followers on Instagram.
Financials:
Annual Revenue: Approximately $780,000
Annual Net Profit: Approximately $150,000
Weekly Financials:
Weekly Revenue: Approximately $15,000
Weekly Net Profit: Approximately $2,800
Lease Agreement:
Current lease agreement valid until 2026.
Annual Rent: $60,000 + GST
This well-established Mediterranean Restaurant, Bar and Cafe is situated in an upper-class area that strongly supports local businesses. The venue attracts a steady mix of regular and new customers from surrounding residential and community hubs. Currently open for lunch and dinner, the business presents significant growth potential by expanding its hours to include breakfast trade, leveraging the existing coffee facilities already on-site.
The fully equipped commercial kitchen and liquor license gives the new owner freedom to introduce any cuisine or dining concept of their choice. Combined with its strategic location and modern fit-out, this restaurant presents an ideal opportunity for operators seeking a profitable hospitality business with low overheads and strong growth potential.
Detailed financial and lease information will be made available to qualified buyers upon the completion of a confidentiality agreement and a successful personal interview.
Cost to acquire this business:
Price: $250,000
Stock: approx. $10,000
Rental bond: $17,500
Disclaimer:
E&OE: Errors & Omissions Excepted.
Photos in this listing may be stock images for illustration purposes only and not images of the actual business or property for sale.
Business-for-sale details are confidential and only available on acceptance of the Confidentiality Deed.
The Purchaser is entirely responsible for their own due diligence and is not to rely on statements or warranties made by the vendor or anyone else on their behalf.
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