Restaurant - Bar - Cafe - Functions - Modern
Australian - Restaurant,Cafe, Bar - Huge courtyard
and alfresco at the front -Nett $2,445 pw -
F3210SF

Industry: Food/Hospitality - Restaurant | Listed by: SBX Business Brokers
Key Strengths
About this business
Restaurant - Bar - Cafe - Functions - Modern Australian - Inner West - Agent SBX Code Number: F3210SF

Restaurant- cafe - bar serving Modern Australian cuisine including seared Atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fillet medallions. - Also vegetarian and gluten free options are available. - Upstairs dining is available for special occasions. - Full kitchen - Social media reports a high standard of both food and customer service. - 50 seats outside - 40 seats inside - Fully Licensed.

Potential
Could open for weekend breakfast and lunch service which was recently discontinued for personal reasons.- Spend money on marketing.

Features
Consistently impressive reputation. - Well established - Regular clients - Good for functions and parties - New lease available (STA) - Good online reviews.

Premises
Cosy bar / cafe with rustic wooden tables and a breezy courtyard and lots of alfresco dining with an area of 150 sq. mts.

Location
Situated in busy dining precinct in popular suburb in Inner West.

Trading Hours
7 days - Mon. to Sun. - 5.30 p.m. to 9 p.m.

Lease
Current lease expires in May 2021 with potential for a new 3 + 3 year lease - 3 month bond - C.P.I. annual rental increases .

Employees
1 working owner / Manager + 1 fulltimer plus 10- 12 casuals.

Comments
Misc 1 - Other general expenses and GST - One full time working owner can make more profit by reducing the staff wages as the current owner only works three to four days per week. - Same owner 14.5 years - Lots of potential to open for breakfast and lunch on the weekends and further increase sales and profit. - A new 3 + 3 year lease has already been drafted - A must to inspect - Wont last at this price!!

Figures
Weekly Sales $14200
Rent (ex GST) $1844
Wages $5100
Profit $2445


Agent SBX Code Number: F3210SF - SBX Business Brokers
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Business Name / Ref #:
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Location:
Balmain
NSW
Asking Price:
$58,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
1844
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 - Functions - Modern Australian - Restaurant,Cafe, Bar - Huge courtyard and alfresco at the front -Nett $2,445 pw - F3210SF ListingImage
About this business
Restaurant - Bar - Cafe - Functions - Modern Australian - Inner West - Agent SBX Code Number: F3210SF

Restaurant- cafe - bar serving Modern Australian cuisine including seared Atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fillet medallions. - Also vegetarian and gluten free options are available. - Upstairs dining is available for special occasions. - Full kitchen - Social media reports a high standard of both food and customer service. - 50 seats outside - 40 seats inside - Fully Licensed.

Potential
Could open for weekend breakfast and lunch service which was recently discontinued for personal reasons.- Spend money on marketing.

Features
Consistently impressive reputation. - Well established - Regular clients - Good for functions and parties - New lease available (STA) - Good online reviews.

Premises
Cosy bar / cafe with rustic wooden tables and a breezy courtyard and lots of alfresco dining with an area of 150 sq. mts.

Location
Situated in busy dining precinct in popular suburb in Inner West.

Trading Hours
7 days - Mon. to Sun. - 5.30 p.m. to 9 p.m.

Lease
Current lease expires in May 2021 with potential for a new 3 + 3 year lease - 3 month bond - C.P.I. annual rental increases .

Employees
1 working owner / Manager + 1 fulltimer plus 10- 12 casuals.

Comments
Misc 1 - Other general expenses and GST - One full time working owner can make more profit by reducing the staff wages as the current owner only works three to four days per week. - Same owner 14.5 years - Lots of potential to open for breakfast and lunch on the weekends and further increase sales and profit. - A new 3 + 3 year lease has already been drafted - A must to inspect - Wont last at this price!!

Figures
Weekly Sales $14200
Rent (ex GST) $1844
Wages $5100
Profit $2445


Agent SBX Code Number: F3210SF - SBX Business Brokers

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:1844

Trading Hours:

Website:

$58,000

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