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Mexican Restaurant In Gladesville Area For Sale

Gladesville, New South Wales, Australia
Asking Price:
$449,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$785,000 (AUD)
Cash Flow:
$100K - $250K (AUD)

Sydney Lower North Shore. Turnover $785,000 per annum (excluding GST).10 years lease commenced April 2017 plus a 10 years option. Very profitable. Good rent deal. 6 Days per week. Lunch & dinner are served Tuesday to Sunday.

This business is essentially a fully licenced upmarket Mexican restaurant & bar which prides itself on authenticity and quality. The general menu broadly includes: Starters, like fresh guacamole, taquitos, Mexican crock pot pork, tres gringos dips & shrimp cocktail; Burritos, like chile verde burro, gringo burro, tek mek burro, mac daddy burro & seafood burro; Mexican Salads; Combo Plates; Deserts like churros & flan; Alcoholic Beverages like Mexican lagers, Coronas, tequila slammers & margaritas, and non-alcoholic beverages. There is seating for up to 80 patrons at any one time.

High profile, street front position in a busy strip shopping centre. The premises possess 180 degrees access to the foot path and street. Some of the nearby businesses include, Coles Supermarket, a Hotel/Pub, a TAB, hair dressing salons, a pizzeria, a nails & spa salon and and various cafes.
Simple to run with proven systems and procedures in place.

The business is mostly self run with the owner only working 25 hours per week in the business. Great Opportunity!! Good Value!!

Asking $449,000 + SAV.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Inventory / Stock value:
$10,000 (AUD)

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