HIGH RANKING RESTAURANT BELOW COST PRICE! FULLY EQUIPPED AND LICENSED

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


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About the business

Phone enquiries - please quote property ID 20743

Greek restaurant situated in Sydney’s inner west suburb of Petersham, being sold at cost price only. Established for over 6 years under the name of ‘Seed’ and previously ‘Perama Greek Restaurant’, both well-known names.
The purchaser can either choose their own name or can take on the Seed Brand. The restaurant itself could also have any style of cuisine in this affluent suburb of Petersham. The most popular model is to covert to a wine bar which can easily be achieved. The location and ambience of the building would ensure success especially in an area fast growing with young professional people buying in the new nearby developments.

INCLUSIONS IN THE SALE:-

* Impressive commercial kitchen with near new equipment including:-
* 2 extractor systems (clean and effective)
* 1 x 4 filters and 1 x 3 filters and drains
* Good stainless storage shelves and work benches
* 4 stainless under counter refrigeration unit and work bench
* 6 burner gas cook top with storage beneath
* Flat grill plate
* 2 basket deep fryers,
* Stainless bain-marie within the service area
* 2 down heating lamps,
* Docket slide system
* 1 x 2 stainless sink plus wash arm
* Under counter dish washer
* Large walk-in cool room and shelving with entrance from 2 sides
* Small under counter domestic fridge
* Microwave, good quantity of pots, pans, baking dishes, trays and other cooking equipment etc.
* Tables, Chairs, Glassware and everything needed to continue as a restaurant / café.
* Accessible Grease Trap
A full list of all inclusions is available.

Should the purchaser keep the ‘Seed’ Brand, then there is a good website, Facebook and social media presence. Also has excellent google, TripAdvisor reviews. All included on a WIWO basis.



THE PREMISES:-

The premises consist of two levels approximately 180m in total. Upstairs is used for large group functions or parties and downstairs for general dining. Downstairs has both inside and outside seating (approximately 60-70 seats), a well- equipped bar area and the kitchen. It is all tastefully decorated with a Mediterranean theme.

The premises are leased with secure lease in place. Reasonable rent for this vibrant area. The restaurant is licensed with transferable licence.

Make no mistake, this restaurant is well known for its quality Greek cuisine and atmosphere. So take advantage of this great purchase well under cost or set up value. Carry on with the good name or change the restaurant to suit. The current family owners will be happy to pass onto the right buyer.

This won’t last long on the market. All serious enquiries will be considered. Enquire today.
Know someone that could be interested in this?
Asking Price:
$140,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2049

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
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