SBX Business Brokers Phone : 02 9439 ****

Bar - Restaurant - Function - Entertainment - Rent $885 pw - Bar - $22,500 pw - Restaurant - Function - Entertainment - South West Sydney - Profit $8905 pw

Listing Id : 196898

Location : New South Wales

Category : Restaurant

Asking Price : 498,000

Business description

Bar - Restaurant - Function - Entertainment - South West Sydney - Agent SBX Code Number: SFR10**** **** A Bar - restaurant - function centre. - Good spacious area for entertainment. - Most of the weekends, reservations are full for parties and engagements. - Currently operating for only three days during weekend. - The owner has approval to work for seven days. - Full liquor license - on premise license with unlimited duration.- Full kitchen preparing various international cuisines and a small cool room - Attractive display of bar and well arranged seating area. - Spacious air conditioned area with excellent sound system and smoking room facility - 230 seats Potential Could open for 7 days to increase business. - Good potential for cafe, breakfast and lunch trade. - Big potential to open during the day.- Target online marketing which will boost sales. Features Well known for family parties and functions - Regular customers - Well established Premises This business has an area of 300 sq. mts with a well presented bar, function and entertainment centre. Location Situated on a busy street with high traffic and surrounded by shops and residences, close to railway station and large shopping center. Trading Hours 3 nights - Thurs. - Sat. - 9 p.m. - 3 a.m. Lease Current lease expires in July, 2**** **** + 3 year options. - C.P.I. increases. - 2 months bond. Employees 1 owner + 8 casuals Comments Misc 1 - other general expenses. - A great opportunity to continue to build this well run established and profitable business. - High number of new and regular customers pay an entry fee to gain access which is a good income. -Security and cameras.- Owner has contract with a DJ who pays a fee to visit every month which is a regular income - Sales figures shown are for only 3 days a week. Also, well known for family parties and functions -Recent renovation in 2018 approx $50K includes new signage - A must to inspect. - Priced to sell Figures Weekly Sales $22500 Rent (ex GST) $885 Wages $3600 Profit $8905 Agent SBX Code Number: SFR10**** **** A - SBX Business Brokers

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