6 Restaurants for Sale in Sydney Under $300,000
When people think of business ownership, hospitality is one of the first business industries that spring to mind for many. Bsale has over 1,600 restaurants for sale right now with the cost of restaurants varying depending on location, size and profits.
Owning and managing a restaurant can be a fast-paced and profitable endeavour, allowing those with a creative passion and vision to flourish. The right business can allow for substantial growth into various locations, potential franchising, and some solid social media marketing which can see profits grow exponentially. The key is finding the right restaurant business, in a great location.
Sydney is the largest city in Australia and its population of 5.3 million (at 2019), makes it an ideal place to buy a budding restaurant business to call your own.
Here are 6 restaurants in Sydney for sale on Bsale.com.au.
Busy Thai Fusion Restaurant - City Fringe
This restaurant prides itself on providing the best of Thai cuisine to its patrons and is newly renovated, stylish offering a relaxed casual dining experience.
The restaurant can accommodate large groups, functions and caters for special menus for any event. There is a large takeaway following with customers regularly ordering and contributing to the impressive turnover.
The staff are attentive and run the business well. Customers are a mix of regular local business and residential aswell as patrons travelling from all areas of the Sydney Metropolitan area. There is nothing to spend and with the new branding and lockdown ended, the business will continue to evolve and grow.
Iconic Italian Restaurant And Wine Bar - North Shore
Showing consistently strong trading figures 12 months of the year, this iconic Italian restaurant has been trading non-stop in Sydney’s North Shore for 47 years.
In all that time, it has only had 2 owners, attracting 75% repeat customers in this upmarket suburb.
Currently showing a 19% profit margin, the venue is now returning to its pre-COVID trading when turnover was $1.2 million a year. This Fully Licensed business would suit someone seeking a sea-change; a competing business looking at expansion, or an investor wanting a business that can be run under management.
Profitable Indian Takeaway Shop - Southwest Sydney
The business is located in a busy food court with high foot traffic, at the heart of Southwest Sydney. It serves one of the best Indian takeaway cuisines you'll ever have the pleasure of tasting.
Highlights of the business
- Recently installed fit out
- Long lease term
Busy Greek Restaurant - Eastern Suburbs
Price: $135,000 + SAV
Operating since 2016, this establishment has been offering a wide variety of delicious Greek dishes to everyone with or without an adventurous palate.
Fully licensed and mainly focused on takeaway, but offers 30 seats inside and 4 outside. This restaurant is well-loved by the locals due to its great food and service, which is why their excellent reviews on Google and Uber Eats are no surprise at all.
The business operates at night only, seven days per week = a great opportunity to increase revenue by opening for lunch as well! Easy to run, well-established, has plenty of regular clientele, and partners with a range of delivery services including Menu Log, Uber Eats and Door Dash.
Well Established Mexican Restaurant - Northern Beaches
Price: $180,000 + SAV
This Northern Beaches Restaurant is well established and has well and truly cemented itself in the area as the place to go for outstanding modern Mexican food with a relaxed style of dining.
The business is highly visible from the main road which runs the length of the Northern Beaches where thousands of cars pass by every day and is surrounded by complementary shops and eateries. The area benefits greatly from the nearby major B-Line Bus stop, a large off-street parking and popular Narrabeen beach just 250 meters away.
This business is all set up and ready to go and is the perfect easy to run restaurant to trade as is where you can capitalise immediately on the successful operation run by the current owner or you could consider extending the opening hours, adding delivery partners or promoting party bookings to increase turnover.
Very Well Established Schnitzel Take Away and Eat In - Southern Sydney
Very well established Schnitzel take away and eat in. Very simple to operate and has great hours.
- Established for over 4 Years
- Only 6 Days Per Week with very short hours
- Size is approx. 200 sqm with all Amenities
- Seating is for 120 Patrons
- Specializes in Schnitzels, Drinks and Sit Down Meals
- The Takings are $ 20k Per Week with the rent only $ 1550.00 Per Week.
- Great Lease of 10 Years remaining in a very popular suburb.
About the author
Catherine enjoys generating articles that highlight some of the opportunities that are now available for purchase on Bsale. She hails from a family of ...