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Cafe/Restaurant In Surry Hills For Sale

SURRY HILLS, New South Wales, Australia
Asking Price:
$80,000 (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
Available on request

Restaurant - Modern Cuisine - Surry Hills.

Restaurant serving Modern cuisine is up for sale at a bargain price. Located on one of the main streets of Surry Hills. Currently trading 6 days a week, fully licensed and keys in hand ready to trade.

-Great buy opportunity for the business growing aftermarket recovery.
-Could change to a different type of cuisine.
-Can be Operated as a cafe.
-Can be operated 7 days from 7 am to midnight (Sunday 10 pm).
-Trading for breakfast/lunch/dinner to expend revenues.

- Perfect location.
- Great growth potential.
- Fully equipped kitchen with exhaust, cold room, grill, gas stove, deep fryer, etc…
- kitchen hand area with Dishwasher and glasswasher
- Ready-to-operate bar area opening on the courtyard area
- Dining room is fully set up with a booking system, POS system, printers.
- Security cameras and sound system installed.
- Fully equipped to trade straight away with tables, chairs, glassware, cutleries, waiter stations, jugs, etc…

-Well-presented shop with large tinted front windows exposure facing a consequent amount of traffic.
-Ground floor front dining room with host desk at the entrance.
-Sunny Courtyard with outdoor seating and view of the bar area.
-Upstairs dining room ideal for functions for 30-40 people.
-Upstairs bathroom
-Approved for 50 seats.

-Prime street front location in Surry Hills, with walking distance to busy oxford street and central station.

Trading Hours:
-Currently trading 6 days - 12:00 p.m.-11 p.m. - Council approved for trading from 7 am till Midnight (10 pm on Sunday)

Liquor License:
-Liquor license approved from 12 pm to midnight (inside) 12 pm to 10 pm (courtyard)

-The current lease will expire in July 2023. with possible extension (3+3+3)

-2 owners + 1 chef + 1 staff

-Low rent under 1k
-Agreement on rent reduction of 30% if the covid restriction is imposed on the 4 square m2 rules by the government.
-Rent-free in case of lockdown imposed by the government.

Property Information

Real Estate:


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