SBX Business Brokers Phone : 02 9439 ****

Bar - Restaurant - Takeaway - Cafe - Great business

Listing Id : 251784

Location : New South Wales

Category : Others

Asking Price : 298,000

Business description

Bar - Restaurant - Takeaway - Cafe - Eastern Suburbs - Agent SBX Code Number: SF1505 Bar - Restaurant trading four days with loads of atmosphere and serving seasonal and simple good bar food including steak, seafood and a selection of tapas . - Takings are approx. 60% cocktails - 40% food. - Kitchen includes exhaust and grease trap. - Fully licensed with a PSA license in place and a clever selection of wines and beer. - One of the best opportunities as no chef is required - Excellent sales for only 4 days per week trade - 50 seats Potential Could open more days. - Open for private functions and catering - Could introduce cafe by day / open for lunch - Continue to grow the business Features Profitable - Long lease - Easy to learn menu and training provided - Very popular - Lifestyle business - Staff should be prepared to stay on - 4 nights only - Nothing to spend - PSA License Premises All new set up New York style bar with marble table tops and large bar, a refined and beautifully designed room and area of 75 sq. mts. Location Situated on a busy main street in a very densely populated area known for its local bars and eateries in the Inner City area and minutes from the train station . Trading Hours 4 days - Wed. - Sat. - 5 pm - 12 midnught Lease Current lease expires June, 2**** **** + 5 + 5 year option - 4% increases, - 3 month bond. Employees 1 owner / Manager + 1 full timer + 2 parttimers + 1 casual Comments Misc.- 1- Other general expenses and GST - Very well run business. - Excellent systems in place - This business only trades 4 days so lots of potential to open more days and further increase sales and profit. - It is a locals favourite as well as a popular destination for tourists. - Fit out cost was over $150K in Dec 2016 - A must to inspect but please be very discreet and do not approach any of the staff Figures Weekly Sales $13400 Rent (ex GST) $1700 Wages $3500 Profit $3005 Agent SBX Code Number: SF1505 - SBX Business Brokers


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