Neutral Bay, New South Wales 2089
$200,000
Key Features
AI generated. Contact seller to confirm.
- Licensed restaurant and cocktail bar
- Seating for up to 78 patrons total
- Indoor 66 and outdoor 12 undercover seats
- Fully equipped, fitted with character and elegance
- Operates under management with established team
- Located in busy Neutral Bay restaurant precinct
- Turnover: $17,000 per week
- Net Profit: $1,285 per week
- Rent/Lease: $2,000 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.
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