SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
02 94 ****

Restaurant - Bar - Cafe -Modern Australian - Restaurant Bar Modern Australian Balmain 2041 NSW Huge courtyard at rear and alfresco dining at the front.Motivated vendor.

Listing Id : 230689

Location : New South Wales

Category : Restaurant

Asking Price : 38,000

Business description

Restaurant - Bar - Cafe -Modern Australian - City Fringe - Agent SBX Code Number: F3210 Restaurant 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 - Family and child friendly - Social media reports a high standard of both food and customer service. - 50 seats outside - 40 seats inside - Licenced. 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 Premises Beautiful rustic charm with its own unique courtyard and lots of alfresco dining with an area of 150 sq. mts. Location Situated in busy dining precinct in popular suburb in City Fringe. Trading Hours 7 days - Mon. to Sun. - 5.30 p.m. to 9 p.m. Lease Current lease expires in May 2**** **** with potential for a further extension - 3 month bond - C.P.I. annual rental increases . Employees 1 working owner / Manager + 1 fulltimer plus 12 casuals. Comments One fulltime 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 13years says sell it. Figures Weekly Sales $15000 Rent (ex GST) $1844 Wages $**** **** Profit $2545 Agent SBX Code Number: F3210 - SBX Business Brokers

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