Food Business Trading 45 Hours Near CBD For Sale

Business description

Sales of more than $16k per week, an excellent fitout, extensive plant & equipment list and a very sought after premises make this one of the best restaurant options in New Farm. Seating up to 120 diners + room to cater for functions of more than 100 people, the site is perfect for a dedicated owner to exploit.

• Turn-over in excess of $16k per week, with a high GP
• Long-term secure tenancy arrangements in place
• Excellent fitout and priced below the value of fixed assets
• Continued growth and strong 2009 FY performance

The current owner purchased the business in 2008, revamped and re-branded it. With full staff in place and sales turnover averaging more than $16k per week since opening, this restaurant has an easy to service menu and caters for the middle-market.

The owner has seen this and their other restaurants perform better than expected and their time has been stretched as a result. A dedicated owner could do so much more and everything is ready for this to happen.

Massive kitchen, full restaurant facilities and room to cater for a variety of functions make this one of New Farm’s best.

Property information

Other information

Inventory / Stock value:

$15,000