Redfern – Dumpling Bar & Restaurant

Business For Sale NEW SOUTH WALES 2016, New South Wales

Business Category Mobile Food Vans Pubs Restaurant

$80,000 + SAV

Description

Redfern – Dumpling Bar & Restaurant

Please note: As an incentive the owner of the business is prepared to pay the rent for the business up to August 11th 2021.

While many bars tout extravagant fitouts and esoteric drink lists, this Restaurant and Bar it’s just dumplings, beer and good vibes. The fitout is unashamedly tasteful low budget with bare-brick walls, a central bright red bar and simple appropriate decorations that allude to all the Australian-Chinese restaurants that have influenced the cooking – the most prominent being a fish tank that stretches the length of the bar.
It’s tongue-in-cheek retro

• This is a specific themed bar and eating establishment – where the emphasis is on delicious bite sized Asian Style Dumplings and a diverse selection of wines and cocktails.
• Sales: 40% Beverage 60% Food
• Menu is simple – and requires one “trained” kitchen staff and one kitchen hand when busy
• Kitchen service is basically assembled plates with most product being purchased from a list of quality suppliers.
• Well-known local icon licensed bar and restaurant established 3 years with a fabulous reputation for excellent atmosphere; friendly and personal; semi outrageous cocktails and the best dumplings in the municipality
• Operates with an On-premise-restaurant licence
• First time offered with same owners for the past 3 years. Excellent team in place – minus owner
• Restaurant with a seating capacity for approximately 25 guests plus 6 on footpath
• Well-structured and organised business.
• A great time to buy this business now to be prepared for when the impact of COVID restrictions are fully lifted and then in readiness for the Summer Trade and Christmas.
• A sustainable rent representing approximately 10% of turnover but there is currently also an income component from the upstairs apartment


Asking Price: $80,000 + Stock
For more information contact:
Michael Fischer XXXXXXXXXX
Email: XXXXXXXXXX
Web Site: www.fischerconsulting.com.au
Contact Seller
Michael Torcasio

Bsale ID: 525366

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