Visit this listing at https://www.sbx.com.au/business?id=SF1116

Business Code: SF1116

Key Features: Restaurant - Rent including outgoings only $1,000 p.w. Sales $20,100 p.w.

State: NSW

Suburb: Bossley Park, 2176

Location: Situated inside a large club in the West of Sydney

Description

Restaurant - Functions- 4 days only - Italian style restaurant in a club - Using local fresh produce specialising in seafood, pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with cool room, grease trap and exhaust. - Extensive wine list with no inventory held as club holds licence with 50% profit on alcohol sales. - Ideal for functions - 120 - 160 seats -

Summary

  • Features: Very Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours - Four day work week plus extra if required for functions - Club support and subsidies second to none - includes outgoings & marketing - Staff happy to stay on or bring your own - Good working conditions & environment
  • Potential: Could trade up to 7 days - An enthusiastic owner operator or couple could increase sales and profit. - To do more club promotions and corporate events.
  • Premises: New, elegant and stylish premises and an area of 350 sq.mts.
  • Trading Hours: 4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Lunch Fri & Sun. - 12 p.m. - 3 p.m.
  • Lease: Current lease expires May,2020 + 5 year option - C.P.I. increases - 3 month bond (Licence agreement is in place)
  • Employees: 1 Owner + 3 fulltimers - 4 - 6 casuals
  • Comments: Misc 1 - General Expenses Weekly Sales are ex GST --Upmarket Italian & Seafood cuisine in Sydney's largest Italian Club. - Specialising in functions and small groups with seating up to 160 - $1,000 p.w. includes all outgoings including electricity, gas, water etc - No liquor license needed as inventory and license is held by the club

Weekly Summary

Weekly Takings (inc GST)

$20,100

Cost of Goods

$7,000

Gross Profit

$13,100

Rent

$1,000

Wages

$7,000

Telephone

$40

Insurance

$200

Misc1

$360

Total Expenses

$8,600

Estimated Stock (Additional)

$20,000

Equipment (Included)

$40,000

Net Profit

$4,500

Price

$248,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Functions - Business Opportunity

Business Code: SF1116
Price: $248,000

Key Features: Restaurant - Rent including outgoings only $1,000 p.w. Sales $20,100 p.w.

State: NSW

Suburb: Bossley Park, 2176

Location: Situated inside a large club in the West of Sydney

Description

Restaurant - Functions- 4 days only - Italian style restaurant in a club - Using local fresh produce specialising in seafood, pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with cool room, grease trap and exhaust. - Extensive wine list with no inventory held as club holds licence with 50% profit on alcohol sales. - Ideal for functions - 120 - 160 seats -

Summary

  • Features: Very Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours - Four day work week plus extra if required for functions - Club support and subsidies second to none - includes outgoings & marketing - Staff happy to stay on or bring your own - Good working conditions & environment
  • Potential: Could trade up to 7 days - An enthusiastic owner operator or couple could increase sales and profit. - To do more club promotions and corporate events.
  • Premises: New, elegant and stylish premises and an area of 350 sq.mts.
  • Trading Hours: 4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Lunch Fri & Sun. - 12 p.m. - 3 p.m.
  • Lease: Current lease expires May,2020 + 5 year option - C.P.I. increases - 3 month bond (Licence agreement is in place)
  • Employees: 1 Owner + 3 fulltimers - 4 - 6 casuals
  • Comments: Misc 1 - General Expenses Weekly Sales are ex GST --Upmarket Italian & Seafood cuisine in Sydney's largest Italian Club. - Specialising in functions and small groups with seating up to 160 - $1,000 p.w. includes all outgoings including electricity, gas, water etc - No liquor license needed as inventory and license is held by the club

Weekly Summary

Weekly Takings
(inc GST)

$20,100

Cost of Goods

$7,000

Gross Profit

$13,100

Rent (ex GST)

$1,000

Wages

$7,000

Telephone

$40

Insurance

$200

Misc1

$360

Total Expenses

$8,600

Estimated Stock (Additional)

$20,000

Equipment (Included)

$40,000

Net Profit

$4,500

Price

$248,000

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