Superb Restaurant/Bar – Eastern Sub, Well Estab. Popular Des
Eye Catching Bar and Restaurant.
Have to see it to believe it!
Bustling corner location where locals and tourists wanting to hang out and try food they have never tatsted before.
- Walking distance to Sydney’s most iconic beach.
- One of the busiest streets for locals and tourists to hang out.
- Bustling corner location with two shops in one.
- Bar and restaurant.
- Fantastic atmosphere with live music and eye catching decor.
- Good lease tern remaning with only CPI increase.
- Room for 150 people inside and approx 20 outside.
- Fully under management.
- Opens only for dinner, lunch on weekends.
- Established for 3 years with good lease remaining.
- Room to grow further with the right operator.
- Not a cent to spend.
This restaurant is fully licensed with beers on tap, wine, sake, and spirits.
Full kitchen with walk-in cool room.
Comtemporary Asian food (Japanese meets Chinese) with a touch of French style.
Potential to branch out into different cuisines.
Current Owner has Clear Financials to show to the Right Buyer.
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4970350#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4970350#enquire-now
Annual Rent : $342,680 - Weekly Rent : $6,590
Annual Turnover : $1,820,000 - Weekly Turnover : $35,000
Annual Gross Profit : $858,000 - Weekly Gross Profit : $16,500
Annual Ebit : $226,200 - Weekly Ebit : $4,350
Lease Commencement : Feb 2015
Lease End : Feb 2020
Lease Option: 5 years
Total Floor Area : 190 Square Metres
Franchise : No
Approximate Stock Value : $10,000
Year Purchased : 2017
Year Established : 2016
Days Trading : 7
Staff : 3 Full Time - 13 Casual
Staff Salaries : $468,000
Reason for Sale : Other Interests
Business Potential : Open for lunch, promotions, marketing
To enquire about this listing, please fill in the form below.