SOLD! 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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Type: B
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SOLD! Restaurant for sale in Sydney’s Inner West. T/O approx $1mil PA last 3 years
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
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