Open to Offers – Outstanding Cafe/Restaurant in Lower North
Owner wants to SELL – any offers will be considered!!!
OUTSTANDING, TOP OF THE CLASS RESTAURANT/BAR/CAFE located in Lower North Shore.
Opportunity to Turn into any types or Restaurant or Cafe at low cost.
Not to be MISSED. Be the first to INSPECT.
LOCATION, LOCATION, LOCATION!
- One of the busiest suburbs in Lower North Shore, Commercial District.
- High foot traffic
- Corner location with great street frontage
- Plenty of parking spaces
- 2 levels of dining area, currently each running under 2 different menu
- Large, spacious FULL kitchen, both downstairs and upstairs
- 4 toilets – 2 on each level
- Separate bar area
- Woodfire pizza oven
- Alfresco dining & private dining spaces
- Large space for cutomer car parking – enough for 10 cars
- Separate dining areas/rooms for functions & coporate events
- This is a well known restaurant in LNS and currently running as an Italian restaurant
- Only operating for lunch & dinner – possibility for breakfast trade
- Opportunity to turn into a SPECIALTY BAR as it could well work in the area
- Promotion for corporate functions and catering
This restaurant has a FULL potential to double what it is doing currently.
Suitable for experienced operator to turn this place back to where it used to be few years ago.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4801183#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4801183#enquire-now
Annual Rent : $261,100 - Weekly Rent : $5,021
Annual Turnover : $1,318,820 - Weekly Turnover : $25,362
Annual Gross Profit : $889,950 - Weekly Gross Profit : $17,114
Annual Ebit : $159,000 - Weekly Ebit : $3,058
Premise : Leased
Lease Commencement : Jun 2017
Lease End : Jun 2021
Lease Option: 4 years
Total No of Parking : 10
Franchise : No
Approximate Stock Value : $10
Year Purchased : 2013
Days Trading : 7
Staff Salaries : $356,200
Reason for Sale : Family Reason
Location : Lower North Shore - Corner location, Foot traffic
Business Potential : Corporate Promotion, Catering, Online Ordering
To enquire about this listing, please fill in the form below.