Visit this listing at https://www.sbx.com.au/business?id=G1658

Business Code: G1658

Key Features: Sales $20000 pw - Long lease - Profit $3000 p.w

State: NSW

Suburb: Newtown, 2042

Location: Excellent location in City Fringe in the heart of a trendy & busy shopping, dining & bar destination.

Description

Restaurant & Bar serving Middle Eastern & Mediterranean cuisine in a versatile space designed for shared dining as well as a great marble bar for meeting friends for cocktails or other drinks. - Functions in the luxe private dining room. - Seating inside for approx 80.Not being sold on figures .

Summary

  • Features: Excellent Venue. - Excellent Location. - Good size venue for this location. - Great for functions. - Top quality fit out. - Long secure lease. - Well established & still growing.
  • Potential: A DA is in place for seating for 20 on the footpath. - Potential to open for Breakfast. - Could also open on Mondays. - Could expand on catering and home deliveries. - Could suit cafe buyers.
  • Premises: This bar & restaurant has an area of 150 sq mts including a great mezanine area for functions and a very nice terrace.
  • Trading Hours: 6 days - Tues. - Sat. - 11 a.m. - 11 p.m. and Sun. - 11 a.m. - 10 p.m.
  • Lease: 5 year + 5 year lease commenced July 2016. - 3 months bond. - 4% annual C.P.I. increases.
  • Employees: 1 owner + 3 fulltimers + 10 casuals as required.
  • Comments: Miscellaneous 1 = other expenses. - Not being sold on figures.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Cost of Goods

$7,727

Gross Profit

$12,273

Rent

$2,599

Wages

$3,000

Outgoings

$400

Telephone

$22

Insurance

$324

Electricity

$165

Gas

$100

Misc1

$2,663

Total Expenses

$9,273

Estimated Stock (Additional)

$5,000

Net Profit

$3,000

Price

$75,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Cafe - Restaurant - Bar - Functions

Business Code: G1658

Key Features: Sales $20000 pw - Long lease - Profit $3000 p.w

State: NSW

Suburb: Newtown, 2042

Location: Excellent location in City Fringe in the heart of a trendy & busy shopping, dining & bar destination.

Description

Restaurant & Bar serving Middle Eastern & Mediterranean cuisine in a versatile space designed for shared dining as well as a great marble bar for meeting friends for cocktails or other drinks. - Functions in the luxe private dining room. - Seating inside for approx 80.Not being sold on figures .

Summary

  • Features: Excellent Venue. - Excellent Location. - Good size venue for this location. - Great for functions. - Top quality fit out. - Long secure lease. - Well established & still growing.
  • Potential: A DA is in place for seating for 20 on the footpath. - Potential to open for Breakfast. - Could also open on Mondays. - Could expand on catering and home deliveries. - Could suit cafe buyers.
  • Premises: This bar & restaurant has an area of 150 sq mts including a great mezanine area for functions and a very nice terrace.
  • Trading Hours: 6 days - Tues. - Sat. - 11 a.m. - 11 p.m. and Sun. - 11 a.m. - 10 p.m.
  • Lease: 5 year + 5 year lease commenced July 2016. - 3 months bond. - 4% annual C.P.I. increases.
  • Employees: 1 owner + 3 fulltimers + 10 casuals as required.
  • Comments: Miscellaneous 1 = other expenses. - Not being sold on figures.

Weekly Summary

Weekly Takings
(inc GST)

$20,000

Cost of Goods

$7,727

Gross Profit

$12,273

Rent

$2,599

Wages

$3,000

Outgoings

$400

Telephone

$22

Insurance

$324

Electricity

$165

Gas

$100

Misc1

$2,663

Total Expenses

$9,273

Estimated Stock (Additional)

$5,000

Net Profit

$3,000

Price

$75,000

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