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




Restaurant - Bar - Function Centre - Well established

Listing Id : 255148

Location : New South Wales

Category : Others

Asking Price : 350,000

Business description

Restaurant - Bar - Function Centre - North West Sydney - Agent SBX Code Number: GNGD1064 Cafe - restaurant - bar offering breakfast and dinner to apartment guests and local residents and lunch to corporate clients in nearby business park - Also operates as a busy conference & function centre - excellent supplier arrangements for wines, liquor, seafood, meats, general produce etc. - option to operate for 6 days - Deliveroo and Uber Eats boost food sales. Potential Many options to expand sales & increase profitability - better promote highly profitable corporate sales - better promote through social media - better leverage multiple functions on the same day - no competition for many miles around - Features Captive customers from serviced apartments - Surrounded by major corporate customers requiring lunch, conference & function facilities - Multi-purpose premises for up to 240 guests Premises Located on ground floor of 173 room serviced apartment building with a spacious multi purpose area of 600 sq.mts. Location Situated near very busy North West Sydney business precinct. Trading Hours 7 days - Breakfast - 6.30 a.m. to 9.30 a.m. - Lunch - Noon to 3 p.m. - Dinner - 5 p.m. to 10 p.m. Lease Currently running on monthly lease - a new lease is available with lease period & option terms to suit buyer of business. Employees Owner operator + 3 full time employees + 3 casual employees (at any one time) Comments Equipment included - New conference equipment $40k, new 3-head coffee machine $15k, new wood-fired pizza oven with sophisticated splitting exhaust system, cool rooms. Figures Weekly Sales $23821 Rent (ex GST) $2321 Wages $7657 Profit $38**** **** Agent SBX Code Number: GNGD1064 - SBX Business Brokers


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