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Sydney's Premier Cheese Dining Experience For Sale

Newtown, New South Wales
Asking Price:
$549,000 (AUD)
Sales Revenue:
$1M - $5M (AUD)
Cash Flow:
$100K - $250K (AUD)

Annual turnover $1,000,000 + restaurant
Suits owner operator or partnership or investor
Weekly turnover $19,000 + catering sales
Weekly rent $886
Weekly profit to owner/s $2,885 +
Trading 5 nights
Employees 8
Seats 36

KEY STRENGTHS
A destination restaurant and a favourite with locals established in 2014.
Located on a busy "eat street" destination in the inner west.
Excellent reputation and reviews.
Dimmi 9.6/10
Timeout 4 Star
Google 4.6/5
Tripadvisor 4.5/5
FBI Best New Eats Award Winner
Featured in Gourmet Traveller, Vogue Living Australia, Qantas Magazine, Marie Claire, Broadsheet, City Hub, Urbanlist & Inner West Courier.
Website receives 4000 hits per month.
On premise Liquor Licence.
Strong alcohol sales as the wine list cleverly compliments the food offering.

Very profitable as is, but the style of business also offers huge potential to replicate the model across multiple locations very quickly and easily. The owners have analytical data on the areas their customers travel from, so a lot of the research into future locations has already been done. This IP will be included in the sale.
Would suit an investor looking to expand and scale quickly, or a partnership/owner operator looking for a highly profitable business to step into.
Excellent rent (less than 5% of turnover).
A Lease until February 2020 with another 3 year option to extend until February 2023.
Landlord open to negotiating a longer lease immediately.
Quality team already in place.
Organised and fully systemised business. New owner can walk in and start earning money.
Clever branding and strong social media presence.
Kitchen and Grease Trap.
Full financials available.

FUTURE POTENTIAL
The business is currently only open for 35 hours of trade per week. Only trading 5 nights (Tues-Sat) and 2 lunch services on Friday and Saturday. Plenty of scope to increase trading hours.
Potential to grow and scale catering sales, deliveries and online ordering. The catering part of the business has grown dramatically recently, jobs are booked throughout the year as well as regular on-going catering contracts in place.

Property information

Real Estate:

Lease

Leasehold Rent:

$46,000 (AUD) per annum

Location:

Located on a busy "eat street" destination in the inner west.

Business Operation

Expansion Potential:

- The business is currently only open for 35 hours of trade per week. Only trading 5 nights (Tues-Sat) and 2 lunch services on Friday and Saturday. Plenty of scope to increase trading hours.
- Potential to grow and scale catering sales, deliveries and online ordering. The catering part of the business has grown dramatically recently, jobs are booked throughout the year as well as regular on-going catering contracts in place.

Trading hours:

Open for 35 hours of trade per week. Only trading 5 nights (Tues-Sat) and 2 lunch services on Friday and Saturday.

Employees:
8
Years established:
4

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