Inner West
NSW
$60,000
Restaurant - Delivery - Bar - Cafe - FunctionsPrice: $68,000Net Profit: $3,023 |
Visit this listing at https://www.sbx.com.au/business?id=F3210SF |
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Business Code: F3210SF Key Features: Restaurant - Bar - Huge courtyard - Balmain Nsw - Sales $15000 pw - $3,023 pw State: NSW Suburb: Balmain, 2041 Location: Situated in busy dining precinct in popular suburb in Inner West. DescriptionRestaurant - Takeaway - Cafe - Function areas - Bar serving Modern Australian cuisine including seared Atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fillet medallions. - Also vegetarian and gluten free options are available. - Upstairs dining is available for special occasions. - Full kitchen . - 50 seats outside - 40 seats inside - Fully Licensed - This business does its own delivery - Price is NOT NEGOTIABLE as it is a great price for this business and sales currently around $15K p.w. - Walk in walk out Summary
Weekly SummaryWeekly Takings (inc GST)$15,000Cost of Goods$4,800Gross Profit$10,200Rent$1,866Wages$4,200Telephone$50Insurance$95Electricity$366Gas$200Misc1$400Total Expenses$7,177Estimated Stock (Additional)$5,000Net Profit$3,023Price$68,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Delivery - Bar - Cafe - Functions
Business Code: F3210SF
Price: $68,000
+ Estimated SAV $5,000
Key Features: Restaurant - Bar - Huge courtyard - Balmain Nsw - Sales $15000 pw - $3,023 pw
State: NSW
Suburb: Balmain, 2041
Location: Situated in busy dining precinct in popular suburb in Inner West.
Description
Restaurant - Takeaway - Cafe - Function areas - Bar serving Modern Australian cuisine including seared Atlantic salmon, braised lamb shoulder, grain fed rump steak and beef fillet medallions. - Also vegetarian and gluten free options are available. - Upstairs dining is available for special occasions. - Full kitchen . - 50 seats outside - 40 seats inside - Fully Licensed - This business does its own delivery - Price is NOT NEGOTIABLE as it is a great price for this business and sales currently around $15K p.w. - Walk in walk out
Summary
- Features: Consistently impressive reputation. - Well established - Regular clients - Good for functions and parties - New lease available (STA) - Good online reviews - Social media reports a high standard of both food and customer service
- Potential: Could open for weekend breakfast and lunch service which was recently discontinued for personal reasons.- Spend money on marketing.
- Premises: Cosy bar / cafe with rustic wooden tables and a breezy courtyard and a terrific alfresco dining room with an area of 150 sq. mts.
- Trading Hours: 7 days - Mon. to Sun. - 5.30 p.m. to 9 p.m.
- Lease: Current lease expires in May 2021 with potential for a new 3 + 3 year lease - 3 month bond - C.P.I. annual rental increases .
- Employees: 1 owner + 1 full timer plus 8-10 casuals.
- Sale Reason: Time for a change after 15 years.
- Comments: Misc 1 - Other general expenses and GST - One full time working owner can make more profit by reducing the staff wages as the current owner only works three to four days per week. - Same owner 15 years - Lots of potential to open for breakfast and lunch on the weekends and further increase sales and profit.
- A new 3 + 3 year lease has already been drafted - Price is NOT NEGOTIABLE as it is a great price for this business and sales currently around $15K p.w. - Walk in walk out
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)
$15,000
Cost of Goods
$4,800
Gross Profit
$10,200
Rent (ex GST)
$1,866
Wages
$4,200
Telephone
$50
Insurance
$95
Electricity
$366
Gas
$200
Misc1
$400
Total Expenses
$7,177
Estimated Stock (Additional)
$5,000
Net Profit
$3,023
Price
$68,000
+ Estimated SAV $5,000
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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.
