Restaurant, Greater West SYD, HUGE T/O, Low Rent, over 300 S
This business has been run by the same owner for the last 15 years.
A well-known place to visit for the locals and the visitors. Nestled in outer western Sydney, located on the main road, Currently serves traditional and seafood Italian dishes and steaks.
The total area of the restaurant is 500 sqm, with seats for over 300 people if required, including 2-3 private functions rooms.
Well presented and established business that must be inspected.
- Attractive turn over
- Brand new lease @ low rent
- Huge full kitchen with wood-fire oven
- Separate bar area
- Separate functions rooms
- Plenty of on-site parking for over 20 cars
- Only open 6 nights and 5 days
- Fully licensed
- Full white table cloth fine dining service or casual
- A fully equipped restaurant that could cater any cuisine
- Promotion via social media would give an impact on revenue
- No nearby competition
This business is suited for an experienced restaurant operator to continue on with the current reputation and build on further. Any experienced cooks or chef can take this on with any other cuisine, utilising the state of art kitchen.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5198932#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=5198932#enquire-now
Annual Rent : $104,000 - Weekly Rent : $2,000
Annual Turnover : $1,820,000 - Weekly Turnover : $35,000
Annual Gross Profit : $1,248,000 - Weekly Gross Profit : $24,000
Annual Ebit : $328,900 - Weekly Ebit : $6,325
Premise : Leased
Lease Commencement : Nov 2019
Lease End : Nov 2024
Current Outgoings pa: $28,000
Total Floor Area : 500 Square Metres
Total No of Parking : 20
Franchise : No
Approximate Stock Value : $15,000
Year Purchased : 2004
Year Established : 2004
Days Trading : 6
Staff Salaries : $624,000
Reason for Sale : Retire
Location : Greater Western Sydney
Business Potential : Social Media
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