Restaurant - Bar - Cafe - Business Opportunity
- Kellys Bar and Grill -Chatswood - New Store
Opportunity -Set up cost $1.7 Mill - SF1555

Industry: Food/Hospitality - Restaurant | Listed by: SBX Business Brokers
Key Strengths
About this business
Restaurant - Bar - Cafe - Business Opportunity - Lower North Shore - Agent SBX Code Number: SF1555

Restaurant - Bar - Steak house - Opened in December 2018 and cost over $1.7mill to set up - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO

Potential
Could introduce coffee and breakfast especially on weekends - Lots of opportunity to increase sales - Open 7 days - Huge growth potential - Suit any cuisine including Asian

Features
High foot traffic location - Currently under management - Very good 10 year lease + 5 year option - On site staff parking - Rent reductions for 3 years - Brilliant opportunity

Premises
This stylish new and well designed venue with a state of the art kitchen has an area of 328 m2.

Location
New dining precinct in a busy shopping and dining centre directly above large popular anchor tenant, surrounded by residential and offices in the Lower North Shore

Trading Hours
Currently open only 5 days but potential to open 7 days

Lease
Current lease expires November 2028 + 5 year option - 3% increases - 6 month bond

Employees
1 full time Manager + 18 casuals

Comments
Current average sales are approx. $20,000 p.w. - As this is a new shop the business is not selling on the figures but the opportunity including all equipment and restaurant set up cost of over $1.7 million dollars - WIWO - Very good lease and the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021. Attractive rent and lease terms - Motivated vendor who needs to look after an unwell family member - Business name, IP and recipes are not being sold. - Please talk to your broker to organise a meeting or inspection to see this amazing opportunity with massive growth potential.

Figures
Weekly Sales $20000
Rent (ex GST) $1707
Wages $0
Profit $0


Agent SBX Code Number: SF1555 - SBX Business Brokers
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Business Name / Ref #:
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Location:
Chatswood
NSW
Asking Price:
$298,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
1707
Trading Hours:
Website:
Contact Details:
02 9439.....
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Advertiser Details

One of the largest business brokers in Australia, providing personalised service to buyers and sellers of businesses
Location: Suite 1, Level 2, 2 - 4 Pacific Highway
St Leonards, New South Wales
2065, Australia

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All Comments

Restaurant - Bar - Cafe - Business Opportunity - Kellys Bar and Grill -Chatswood - New Store Opportunity -Set up cost $1.7 Mill - SF1555 ListingImage
About this business
Restaurant - Bar - Cafe - Business Opportunity - Lower North Shore - Agent SBX Code Number: SF1555

Restaurant - Bar - Steak house - Opened in December 2018 and cost over $1.7mill to set up - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO

Potential
Could introduce coffee and breakfast especially on weekends - Lots of opportunity to increase sales - Open 7 days - Huge growth potential - Suit any cuisine including Asian

Features
High foot traffic location - Currently under management - Very good 10 year lease + 5 year option - On site staff parking - Rent reductions for 3 years - Brilliant opportunity

Premises
This stylish new and well designed venue with a state of the art kitchen has an area of 328 m2.

Location
New dining precinct in a busy shopping and dining centre directly above large popular anchor tenant, surrounded by residential and offices in the Lower North Shore

Trading Hours
Currently open only 5 days but potential to open 7 days

Lease
Current lease expires November 2028 + 5 year option - 3% increases - 6 month bond

Employees
1 full time Manager + 18 casuals

Comments
Current average sales are approx. $20,000 p.w. - As this is a new shop the business is not selling on the figures but the opportunity including all equipment and restaurant set up cost of over $1.7 million dollars - WIWO - Very good lease and the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021. Attractive rent and lease terms - Motivated vendor who needs to look after an unwell family member - Business name, IP and recipes are not being sold. - Please talk to your broker to organise a meeting or inspection to see this amazing opportunity with massive growth potential.

Figures
Weekly Sales $20000
Rent (ex GST) $1707
Wages $0
Profit $0


Agent SBX Code Number: SF1555 - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:1707

Trading Hours:

Website:

$298,000

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