Visit this listing at https://www.sbx.com.au/business?id=F3139

Business Code: F3139

Key Features: Restaurant - Bar Sales $30000 pw - Liquor Shop Lower Nth Shore Profit $4000 p.w

State: NSW

Suburb: Cremorne, 2090

Location: Prime street front location in Lower North Shore.

Description

Restaurant and wine bar selling Modern Australian cuisine including snacks, cured meats, cheeses, mains with fish, steak and chicken and desserts. - The wine bar showcases a casual fine food menu with a matched wine list from boutique producers. - Full kitchen - vibrant cocktail bar - The business is well known for its excellent wine list that can be easily paired with any of the full meals or tasting plates. - 100 seats inside.A new fully operational bottle shop has been installed together with an online bottle shop.Sales are pre covid .

Summary

  • Features: Long lease. - Excellent stylish fit out. - Wide street frontage. - Good restaurant reviews. 7000 people data base ,nothing to spend, great fit out, full kitchen.Strong local following .Great foundation to start with.
  • Potential: Could open for lunch during the week. - Do more marketing for small functions.Bottle shop recently opened in 12.2018
  • Premises: The business has a wide double frontage with office, courtyard garden and an area of 200 sq. mts.
  • Trading Hours: 5 nights - Tuesday to Saturday 5pm to late .
  • Lease: Current lease expires Sept. 2021 + a 5 year option - 3 month bond - 4% annual rental increases . Lease, 3 month bond with security, 6 month with no security
  • Employees: Two full time owners 2 full time chefs + 2 casual, 2 full time managers + 4 casual
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$1,010

Gross Profit

$19,990

Rent

$3,900

Wages

$8,000

Outgoings

$250

Telephone

$50

Insurance

$250

Electricity

$750

Gas

$100

Misc1

$2,690

Total Expenses

$15,990

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$128,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Functions - Cafe - Liquor Shop

Business Code: F3139
Price: $128,000

Key Features: Restaurant - Bar Sales $30000 pw - Liquor Shop Lower Nth Shore Profit $4000 p.w

State: NSW

Suburb: Cremorne, 2090

Location: Prime street front location in Lower North Shore.

Description

Restaurant and wine bar selling Modern Australian cuisine including snacks, cured meats, cheeses, mains with fish, steak and chicken and desserts. - The wine bar showcases a casual fine food menu with a matched wine list from boutique producers. - Full kitchen - vibrant cocktail bar - The business is well known for its excellent wine list that can be easily paired with any of the full meals or tasting plates. - 100 seats inside.A new fully operational bottle shop has been installed together with an online bottle shop.Sales are pre covid .

Summary

  • Features: Long lease. - Excellent stylish fit out. - Wide street frontage. - Good restaurant reviews. 7000 people data base ,nothing to spend, great fit out, full kitchen.Strong local following .Great foundation to start with.
  • Potential: Could open for lunch during the week. - Do more marketing for small functions.Bottle shop recently opened in 12.2018
  • Premises: The business has a wide double frontage with office, courtyard garden and an area of 200 sq. mts.
  • Trading Hours: 5 nights - Tuesday to Saturday 5pm to late .
  • Lease: Current lease expires Sept. 2021 + a 5 year option - 3 month bond - 4% annual rental increases . Lease, 3 month bond with security, 6 month with no security
  • Employees: Two full time owners 2 full time chefs + 2 casual, 2 full time managers + 4 casual
  • Sale Reason: Other business interests
  • Comments: Now has its own fully licensed bottle shop approved to sell liquor only.Licence - now have a offsite catering license which allows us to serve alcohol off site .

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings
(inc GST)

$30,000

Cost of Goods

$1,010

Gross Profit

$19,990

Rent (ex GST)

$3,900

Wages

$8,000

Outgoings

$250

Telephone

$50

Insurance

$250

Electricity

$750

Gas

$100

Misc1

$2,690

Total Expenses

$15,990

Estimated Stock (Additional)

$30,000

Net Profit

$4,000

Price

$128,000

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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.