Licensed Restaurant/ Bar/ Lounge For Sale Fully Fitted-out Revolver Lounge Prime Penrith Location Trained Staff Turnover Of $500k Askin

Business For Sale Penrith, New South Wales 2750

Business Category Restaurant

$350,000

Description

Licensed Restaurant/ Bar/ Lounge For Sale Fully Fitted-out Revolver Lounge Prime Penrith Location Trained Staff Turnover Of $500k Askin

Want to own a business that brings an exceptional income? Here is a delicious opportunity to acquire a Revolver Lounge thriving restaurant, bar and lounge in the heart of Penrith, NSW. The fully fitted-out eatery began operations a year ago and has quickly established a wide customer base. Well-recognised for serving sumptuous Mediterranean feasts, the business has a liquor license and is the only restaurant and lounge/bar area in Thornton. The sale includes the complete fit-out and offers a stunning opportunity to a cafe owner or lounge owner to run a restaurant locally.

The restaurant and bar is strategically located a few minutes away from Penrith Station and the High Street, which helps to attract several walk-ins. The spacious property has 25 tables and 100 seats, offering a comfortable and cosy ambience to all age groups. A savvy investor or food entrepreneur can easily expand the business in the fast-growing town of Penrith, which is only 55 km away from the Sydney CBD. The restaurant has generated a fantastic turnover of $500,000 in just over a year, with net revenue of $10K to $15K per week and profit of $2K to $5K per week. The business is primed for growth under the guidance of an astute owner who can market it effectively and tap into its potential.

Features of the Business:


Perfectly located and beautifully designed restaurant/bar/lounge
Popular among locals for its high-quality food and taste
Net revenue of $10K-$15K/week and Profit of $2K-$5K/week
No competition in the entire Thornton region
Well-trained staff of ten employees
Near-new fit-out, street parking and spacious property
Website and Instagram page in place for promotions
Outgoing owner to provide necessary training


This is a great opportunity for food enthusiasts to enter NSW's booming restaurant and bar industry. A passionate buyer can revamp the menu and attract a wide range of customers through targeted marketing and expansion. If you think you can take this near-new business to the prime of its potential, call us on the number given above TODAY!  
Contact Seller

Bsale ID: 641438
Broker REF: 362312

Johnston Business Sales
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