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

Restaurant - Cafe - Franchise - Under Management - Great value

Listing Id : 236309

Location : New South Wales

Category : Restaurant

Asking Price : 348,000

Business description

Restaurant - Cafe - Franchise - Under Management - North West Sydney - Agent SBX Code Number: M1988 Restaurant & bar serving a range of juicy steaks, char-grilled ribs, healthy salads, burgers and pastas etc. - The high quality fit-out includes huge commercial kitchen with 2 walk in cool rooms & one walk in freezer, state of the art point of sale system with multiple terminals throughout, music & entertainment system, security cameras, an internal office and large dining room featuring very popular booth seating, plus outdoor dining garden. - Offers relaxed casual dining with full bar facilities. - 180 seats Potential This highly sort after location in Sydneys largest growth area with excellent business brand will bring huge business opportunity with takings expected to increase dramatically after new rail station opens in 2019. Features High visible location. - Stunning fitout. - Full bar service. - Ongoing marketing support by franchisor. - Run under management. - Solid income. - Real growth potential. - Great value buying.Amazing $950000.00 fit out . Premises A stunning and elegant restaurant with an area of approx. 250 sq. mts. including the alfresco outdoor area. Location Situated close to one of the new North West rail stations, plus entertainment & award winning shopping precinct. Trading Hours 7 days - Mon. - Wed. - 1130 a.m.- 930 p.m. - Thurs. - Sun. - 1130 a.m.- 1**** **** p.m. Lease 10 years lease commenced 2014. - 5% C.P.I. increases. - 3 months bond. Employees Under Management - 2 chefs + 12 shift casuals. Comments Misc.- 1- Refers to Franchise fee 8% of sales. - Misc. - 2- Refers to marketing fee, POS system fee and shop nightlife music & TV fee. - A well known and successful franchise model provides all the benefits of a recognised brand, great operational systems, marketing and support. - The business is not required to purchase stock through head office, purchasing can be done directly with any suppliers saving on food cost. - A solid term in place, and all staff are well trained and motivated. - An owner operator or family run operation will reduce wages and increase profits further. - Well priced. - The initial set up cost on this business was over $900,000 - Inspections only through business broker. New Train Station at the doorstep of the business. Figures Weekly Sales $2**** **** Rent (ex GST) $4142 Wages $6100 Profit $4205 Agent SBX Code Number: M1988 - SBX Business Brokers

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