Restaurant - Functions - Business Opportunity - Restaurant - Rent Inc Outgoings Only $1,100 P.w.

Business For Sale NEW SOUTH WALES 2176, New South Wales

Business Category Restaurant

$378,000.00

Description

Restaurant - Functions - Business Opportunity - Restaurant - Rent Inc Outgoings Only $1,100 P.w.

Restaurant - Functions - Business Opportunity - Western Suburbs - Agent SBX Code Number: SF1116

Restaurant - Functions- 4 days only - Italian style restaurant in a club - Using local fresh produce specialising in seafood, pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with cool room, grease trap and exhaust. - Extensive wine list with no inventory held as club holds licence with 50% profit on alcohol sales. - Ideal for functions - 120 - 160 seats - Sales shown are Jan - Dec 2019 weekly average

Potential
Could trade up to 7 days - An enthusiastic owner operator or couple could increase sales and profit. - To do more club promotions and corporate events.

Features
Very Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours - Four day work week plus extra if required for functions - Club support and subsidies second to none - includes outgoings & marketing - Staff happy to stay on or bring your own - Good working conditions & environment

Premises
New, elegant and stylish premises and an area of 350 sq.mts.

Location
Situated inside a large club in the West of Sydney.

Trading Hours
3 days - Fri. - Sat - 6 p.m. till 10 p.m. + Lunch Fri & Sun. - 12 p.m. - 3 p.m.

Lease
Current lease expires May,2020 + 5 year option - C.P.I. increases - 3 month bond (Licence agreement is in place)

Employees
1 Owner + 3 fulltimers - 4 - 6 casuals

Comments
Misc 1 - General Expenses and GST --Upmarket Italian & Seafood cuisine in Sydneys largest Italian Club. - Specialising in functions and small groups with seating up to 160 - $1,100 p.w. includes all outgoings including electricity, gas, water etc - No liquor license needed as inventory and license is held by the club Most of the equipment is owned by the club. - Brilliant opportunity -Rare Opportunity - Rent including outgoings only $1,100 p.w Inspection by appointment only

Agent SBX Code Number: SF1116 - Sydney Business Exchange
Contact Seller
Sue Blatchford

Bsale ID: 525776
Broker REF: SF1116

SBX Business Brokers
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