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Restaurant - European Cuisine - Function Centre - Cafe - City Fringe - (Code: F3092)

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Price: $198,000






Weekly Takings (inc GST) $25,000
Cost of Goods $9,010
Gross Profit $15,990
Rent $3,000
Wages $6,000
Outgoings $230
Telephone $20
Insurance $60
Electricity $600
Gas $250
Misc 1 $1,830
Misc 2 $
Total Expenses $11,990
Net Profit $4,000
Coffee Kilos P/W 0.0

Estimated Stock

$10,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant - Cafe - Currently serving European cuisine and offering a diverse grill, pasta menu. - Private upstairs function room - seats 65 people or 100 people standing. which is perfect for any corporate or private event. - The average spend per head is approx. $45. - Offers live music on Thursday nights.

Potential
Open for lunch during the week and do corporate catering. - Do more functions and expand home delivery - Suit any cuisine or a Bar/ Tapas bar

Features
Open kitchen with large char grill. - Well known - A local icon - Established 40 years.

Premises
Modern and Well lit dining area with beautiful cathedral ceilings and an area of 300 sq. mts.

Location
Prime street front location in iconic eat street location minutes from the CBD on the city fringe

Trading Hours
7 days - Mon. -Thurs. - 5 p.m. to 11 p.m. - Fri. and Sat. - 12 p.m. to 12 a.m. - Sun. - 12 p.m. to 11 p.m.

Lease
New lease available, CPI, 3 Month Bond

Employees
Husband and wife + two chefs and casuals as required.

Comments
Misc - Other general expenses and GST -Vendor owns the coffee machine. - Offers live music on Thursday nights. - Brilliant opportunity and first time on the market a must to inspect but please be discreet

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3092

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