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Restaurant Cafe Bar for Sale| Lower North Shore | Prime Corner Location

SELLING PRICE

$649,000.00

LISTING AGENT

Garth Lawrence

OVERVIEW

  • Listing ID 2259
  • Price $649,000.00
  • Categories Cafes and take away food shops
    Restaurant all types
    Premium listings
    Restaurant
    Cafe/Coffee Shop

Details

*Exclusively listed by Network Infinity*

*Restaurant Cafe Bar for Sale - Prime Corner Location situated in Popular Food District*


The business has been established for 4 years and is now well established with consistent turnover of at least $25,000 per week as a minimum.

During the
summer period this business hits $40,000 Per Week.


Prime Corner Location at major intersection with plenty of passing foot traffic as well as exposure to 26,000 cars per day driving past.

This is a growing area with a new train station due in 2023 which will be situated directly behind the building as well as new developments and high rise  on each corner of the intersection that is approved for 69 Floors and higher. This already thriving area will continue to grow.

The venue is fully licensed with PSA (Primary Service Authorisation) which means you can sell alcohol without food and no time restrictions.

There is also POST Mix and 6 x Tap Beer Systems which aren't locked into a specific supplier.

This is a heritage listed building with 10 years (5 + 5) remaining on the lease and most outgoings are covered by the Landlord.

No personal guarantee required on the lease.

Largest outdoor seating space in the suburb - the total seating of the venue is up to 150 people if required.

There is  a solid team in place who have remained loyal to the business throughout lockdown/s and willing to stay on with a new owner.

Full Kitchen as well as an extra prep area of 150 SQM, you could easily add in catering and additional revenue streams without effective the operation of the kitchen.

Large office that is fit for all purposes as well as large storage areas.

The owner is selling as is moving interstate, but would love to see this business in the hands of someone who shares his passion.

Call Today

Garth Lawrence

0400 299 326

The information contained in this correspondence and in all our business profiles is intended to be used as a guide only and contains information supplied to Network Infinity Business Brokers by other parties and is subject to change without notice.Network Infinity Business Brokers makes no warranty or representation and accepts no liability for the accuracy, completeness or authenticity of the information provided.  Prospective purchasers are responsible for making their own enquiries and conducting their own due diligence of the information received from Network Infinity Business Brokers directly or via the business profiles. Nothing contained in this correspondence should be considered as constituting advice. Prospective purchasers are urged to undertake their own due diligence of the businesses and to seek independent advice on all matters, including all financial, legal and taxation matters which may arise out of the information provided and in relation to any agreements entered into hereafter.



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