North West Sydney
NSW
$450,000
Restaurant - Functions - Under ManagementPrice: $295,000Net Profit: $7,850 |
Visit this listing at https://www.sbx.com.au/business?id=CB1403 |
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Business Code: CB1403 Key Features: Restaurant - 250 Seater - Functions - Nett $7,850 p.w South West Sydney Nsw State: NSW Suburb: Campbelltown, 2560 Location: Prime location on main street in business centre of thriving South West Sydney regional hub. DescriptionRestaurant with large seating capacity offering modern Australian cuisine and specialising in classic steak meals - Menu revolves around popular affordable selection of entrees, salads and everyday specials including meat dishes and seafood selections - Capable of holding large functions including weddings and corporate events - Strong enquiry for catering - Bar is well equipped with 12 taps and post mix dispenser - Kitchen updated and new equipment installed and has 2 x coo lrooms - 5 x new air conditioners installed. -Business name not transferable Licenced - 250 seats inside. Summary
Weekly SummaryWeekly Takings (inc GST)$24,000Cost of Goods$8,000Gross Profit$16,000Rent$2,200Wages$5,000Telephone$50Insurance$85Electricity$460Gas$230Misc1$125Total Expenses$8,150Estimated Stock (Additional)$15,000Equipment (Included)$300,000Net Profit$7,850Price$295,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Functions - Under Management
Business Code: CB1403
Price: $295,000
+ Estimated SAV $15,000
Key Features: Restaurant - 250 Seater - Functions - Nett $7,850 p.w South West Sydney Nsw
State: NSW
Suburb: Campbelltown, 2560
Location: Prime location on main street in business centre of thriving South West Sydney regional hub.
Description
Restaurant with large seating capacity offering modern Australian cuisine and specialising in classic steak meals - Menu revolves around popular affordable selection of entrees, salads and everyday specials including meat dishes and seafood selections - Capable of holding large functions including weddings and corporate events - Strong enquiry for catering - Bar is well equipped with 12 taps and post mix dispenser - Kitchen updated and new equipment installed and has 2 x coo lrooms - 5 x new air conditioners installed. -Business name not transferable Licenced - 250 seats inside.
Summary
- Features: Very competitive pricing - Strong local support - Prime location - Good lease terms - Availability for functions.
- Potential: Target social media - Update and expand menu.
- Premises: Impressive open plan floor space on upper level of 2 storey premises accessed via internal stairway and with rear entrance for goods and total area of 660 sq.mts.
- Trading Hours: 7 days - Mon. - Sun. - 11.00 a.m. - 9.00 p.m.
- Lease: Current 3 year lease commenced April, 2019 + 3 years option - Increase 3% - Bond 3 months.
- Employees: 4 full time (kitchen) + 2 full time (Floor - Bar) + 2 casuals.
- Sale Reason: Pursue other business interests.
- Comments: Misc.- 1- Bank fees - Waste removal included in rent - Business name not transferable - Currently not open Tuesday - Current takings $18,000 with net profit $4,000.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$24,000
Cost of Goods
$8,000
Gross Profit
$16,000
Rent (ex GST)
$2,200
Wages
$5,000
Telephone
$50
Insurance
$85
Electricity
$460
Gas
$230
Misc1
$125
Total Expenses
$8,150
Estimated Stock (Additional)
$15,000
Equipment (Included)
$300,000
Net Profit
$7,850
Price
$295,000
+ Estimated SAV $15,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
