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Excellent Restaurant Business 6 Days You Will Not Find A Better Investment

SELLING PRICE

$350,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 1001
  • Price $350,000.00
  • Categories Restaurant

Details

                                                      

           This Has to be the Most Recognized Restaurant in the Inner West

              Great Reputation !!! All Year Round this Place is Always Full !

                           Rock Solid Investment, Very Well Established

With an Outstanding Fit out that is Hard to Fault and in the Busiest Spot, it has come to be the Best restaurant in the Inner West, with Only 6 Days Trade and Excellent Margins.

Boasting an Area of 140sqm and an Eye Dropping Design it still has patrons waiting for a Seat.

Opened from Tuesday to Thursday from 5.30pm till 11pm , Fridays 12pm to 12pm and Weekends till 4pm for a Smart Investor that

can introduce Breakfast and Lunch and Add to an Already Excellent Turnover and Bottom Line.

With a full Liquor License, it exceeds its Expectations on its Percentage of Mixed Drinks Sold.

Seating Capacity is at 95 Seats and Patrons are still Waiting to be Seated, this business has a quality clientele.

It has an Impressive European Cuisine with the Best of The Best Equipment.

Turnover Currently is above $1.6 Mil Per Year and still Growing...

It has an Attractive rent for this Space in this Suburb and at under $95k Per Year inclusive of GST and Outgoings on its Rental.

Margins on COGS is at 28% with Great Prices and very High-Profit Margins on its Food and Alcohol.

There is 8 Years Remaining on the Lease with only a 3% Increase only..

It Has an Amazing Social Media Presence and a Very strong Following,

This is an opportunity not to be missed.

This is a very Outstanding Buy with only Serious Offers Considered.

CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION

OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:


Chris Minas

0414 241 332

chrisminas@networkinfinity.com.au



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