| Code: |
FP534 |
| Business Type: |
Restaurant |
| Area: |
Near City |
| Established: |
Over 25 years
|
| Lease: |
New Lease Offered
5yrsx 5ys x 5yrs
|
| Rent (excl GST): |
$2,500 approx gross guide only |
| Trading Hours: |
Mon- Friday: Lunch & Dinner Dinner- Saturday
Closed Sunday
|
| No of Staff: |
Can Vary on Bookings
Floor- 2-3 excluding Owner- Lunch
Floor 3-7 rostered- Dinner
Kitchen 2-3Lunch/Dinner 5
|
| Approx Turnover(excl GST): |
Trial $32,000includes GST approx Profit approx $327,000 June 2007-July 2008
|
| Reason for Sale: |
Owners has suffered a serious injury and will require an operation. He is also of an age where the business is too much. Looking at slowing down at bit.
|
| General Information |
The business has been operating for well over 25yrs at the same location. Prior to this it had been a restaurant for 12-15years. The restaurant attracts an extremely large client following from all over Sydney and Interstate and is known for its quality food, service and reasonable prices.
Situated in a prime near city location, it’s proximity to the city and outlining areas allows this restaurant to cater to business clientele during the day and regular restaurant patrons throughout the evenings.
Quality Business! Excellent Cash Flow! High Returns!
|
| Asking Price: |
$395,000 exc value |
| |