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Restaurant - Bar - Functions - Cafe - Liquor Shop - Restaurant - Bar Sales $20k Pw Liquor Shop Lower Nth Shore Syd Profit $4k Pw - For Sale

Sydney, New South Wales, Australia
Asking Price:
$128,000 (AUD)
Sales Revenue:
$1,040,000 (AUD)
Cash Flow:
$156,000 (AUD)

Restaurant and wine bar selling Modern Australian cuisine including snacks, cured meats, cheeses, mains with fish, steak and chicken and desserts. - The wine bar showcases a casual fine food menu with a matched wine list from boutique producers. - Full kitchen - vibrant cocktail bar - The business is well known for its excellent wine list that can be easily paired with any of the full meals or tasting plates. - 100 seats inside.A new fully operational bottle shop has been installed together with an online bottle shop.Sales are pre covid .

Potential
Could open for lunch during the week. - Do more marketing for small functions.Bottle shop recently opened in 12.2018

Features
Long lease. - Excellent stylish fit out. - Wide street frontage. - Good restaurant reviews. 7000 people data base ,nothing to spend, great fit out, full kitchen.Strong local following .Great foundation to start with.

Premises
The business has a wide double frontage with office, courtyard garden and an area of 200 sq. mts.

Location
Prime street front location in Lower North Shore.

Trading Hours
5 nights - Tuesday to Saturday 5pm to late .

Lease
Current lease expires Sept. 2021 + a 5 year option - 3 month bond - 4% annual rental increases . Lease, 3 month bond with security, 6 month with no security

Employees
Two full time owners 2 full time chefs + 2 casual, 2 full time managers + 4 casual

Comments

Property Information

Location:

Prime street front location in Lower North Shore.

Business Operation

Expansion Potential:

Could open for lunch during the week. - Do more marketing for small functions.Bottle shop recently opened in 12.2018

Trading hours:

5 nights - Tuesday to Saturday 5pm to late .

Employees:
Two full time owners 2 full time chefs + 2 casual, 2 full time managers + 4 casual
Years established:
2005

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