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Restaurant - Functions - Business Opportunity - Restaurant - Rent Inc Outgoings Only $1,100 P.W. For Sale

Sydney, New South Wales, Australia
Asking Price:
$378,000 (AUD)
Sales Revenue:
$1,430,000 (AUD)
Cash Flow:
$325,000 (AUD)

Restaurant - Functions- 4 days only - Italian style restaurant in a club - Using local fresh produce specialising in seafood, pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with cool room, grease trap and exhaust. - Extensive wine list with no inventory held as club holds licence with 50% profit on alcohol sales. - Ideal for functions - 120 - 160 seats - Sales shown are Jn - Dec 2019 weekly average

Potential
Could trade up to 7 days - An enthusiastic owner operator or couple could increase sales and profit. - To do more club promotions and corporate events.

Features
Very Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours - Four day work week plus extra if required for functions - Club support and subsidies second to none - includes outgoings & marketing - Staff happy to stay on or bring your own - Good working conditions & environment

Premises
New, elegant and stylish premises and an area of 350 sq.mts.

Location
Situated inside a large club in the West of Sydney.

Trading Hours
4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Lunch Fri & Sun. - 12 p.m. - 3 p.m.

Lease
Current lease expires May,2020 + 5 year option - -.-.-. increases - 3 month bond (Licence agreement is in place)

Employees
1 Owner + 3 fulltimers - 4 - 6 casuals

Comments

Property Information

Location:

Situated inside a large club in the West of Sydney.

Business Operation

Expansion Potential:

Could trade up to 7 days - An enthusiastic owner operator or couple could increase sales and profit. - To do more club promotions and corporate events.

Trading hours:

4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Lunch Fri & Sun. - 12 p.m. - 3 p.m.

Employees:
1 Owner + 3 fulltimers - 4 - 6 casuals
Years established:
1960

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