For Sale License Restaurant Cocktail Bar In The Heart Of All Sydney Neutral Bay

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Neutral Bay Junction, New South Wales 2089

$200,000

Key Features

AI generated. Contact seller to confirm.

Licensed restaurant and cocktail bar
Seating for 78 (66 indoor, 12 outdoor)
Large venue approx 130 sqm
Fully equipped and fitted venue
Operates under management with staff in place
Steady revenue and strong local clientele

Turnover: $17,000.00 (per week)
Net Profit: $1,285.00 (per week)
Rent/Lease: $2,000.00 (per week)
Stock Value: Not disclosed
Established: Well established

Business Details

Business Category Restaurant

Busy suburban modern licenced restaurant/cocktail bar well established serving inventive inspired cuisine spanning over a unique indoor and out door undercover seating for up to 78p in total, 66p indoor, 12p outdoor. (Large venue 130 sqm approx)
Spread over a well exposed position in an integral restaurant precinct surrounded by high rise apartments and ongoing foot traffic, strategically positioned with popular Nuetral Bay busy mall and foot steps from thriving venues.
The restaurant is extensively equipped and fitted with lots of character and elegance. This business has a steady revenue with a strong local clientele and patronage providing potential for further trading hours and growth with the demand for morning and midday cafe/restaurant trade.
With a great team already in place, completely run under management it provides a great opportunity for a new owner to enjoy the great lifestyle the business and the region offers.
The business would suit any buyer or family looking for a stable business and a great lifestyle change.
This business represents great value and opportunity. Motivated Vendor.
Full details on this great business available for genuine interested parties.
Trading hours:Monday - Thursday: 5:30 pm - 10 pm Friday - Saturday: 12 pm - 4 pm (lunch), 5:30 pm - 10 pm (dinner)Sunday closedKey financials: Per Week(GST Inclusive)Sales17,000.00COGS-6,000.00Staff-6,000.00Rent-2,000.00Permits & licences-110.00Utilities-1,000.00Internet & Phone-40.00Marketing-40.00Subscriptions-140.00Accounting-45.00Repair & maintenance-90.00Misc-250.00Net1,285.00

Contact:Angelo Fournaris XXXXXXXXXX XXXXXXXXXX

Disclaimer:Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.