Visit this listing at https://www.sbx.com.au/business?id=SF1537

Business Code: SF1537

Key Features: Kellys Bar & Grill - Steakhouse - 3 locations - Sales $155,000 p.w - Profit $16,153 pw

State: NSW

Suburb: Bondi Junction, 2022

Location: Prime high traffic locations in Bondi Junction, Miranda and recently opened in Chatswood.

Description

Restaurant - Bar - Steakhouses - Included are three locations to be sold as one going concern. - Selling fresh and generous portions of steaks, ribs and burgers as well as a wide variety of chicken, seafood, salads, fresh bread and vegetarian dishes - Fully licensed selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art well maintained open kitchens - Bondi Junction has 200 seats - Miranda 200 seats and Chatswood130 seats. - A 2 page confidentiality agreement is required.

Summary

  • Features: High foot traffic locations - Well established since 1995 - Ideal for functions, events and parties - Popular and well known for service and quality food - Successful and great reputation- Profitable and easily scalable business model - Currently under management - Excellent website and social media presence.
  • Potential: Fantastic opportunity to own an established and extremely successful Sydney based business with plenty of room for growth - Could introduce coffee and breakfast especially on weekends - Reduce the top end management/head office and labour costs - Lots of opportunity to increase sales
  • Premises: These stylish, industrial chic and well designed venues operate in three Sydney suburbs and the shops are respectively 397, 427 and 328 m2 areas.
  • Trading Hours: 7 days - Open for lunch and dinner
  • Lease: All have very good lease terms in place with incentives and leases will be available to serious buyers
  • Employees: Full staff list will be provided as required after a meeting.
  • Comments: Miscell.- 1 - Includes all general costs such as electricity, gas, insurance, cleaning & waste removal. - Bondi Junction opened in 1995 and Miranda opened in 2015. - Solid, consistent performers, systematised businesses with attractive lease conditions and incentives. - Net profit shown is based on addbacks,reducing current wages and incentives. -

Weekly Summary

Weekly Takings (inc GST)

$155,000

Cost of Goods

$50,000

Gross Profit

$105,000

Rent

$18,000

Wages

$60,000

Outgoings

$3,647

Misc1

$7,200

Total Expenses

$88,847

Estimated Stock (Additional)

$60,000

Net Profit

$16,153

Price

$2,500,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Under Management - Bar - Functions - Cafe

Business Code: SF1537

Key Features: Kellys Bar & Grill - Steakhouse - 3 locations - Sales $155,000 p.w - Profit $16,153 pw

State: NSW

Suburb: Bondi Junction, 2022

Location: Prime high traffic locations in Bondi Junction, Miranda and recently opened in Chatswood.

Description

Restaurant - Bar - Steakhouses - Included are three locations to be sold as one going concern. - Selling fresh and generous portions of steaks, ribs and burgers as well as a wide variety of chicken, seafood, salads, fresh bread and vegetarian dishes - Fully licensed selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art well maintained open kitchens - Bondi Junction has 200 seats - Miranda 200 seats and Chatswood130 seats. - A 2 page confidentiality agreement is required.

Summary

  • Features: High foot traffic locations - Well established since 1995 - Ideal for functions, events and parties - Popular and well known for service and quality food - Successful and great reputation- Profitable and easily scalable business model - Currently under management - Excellent website and social media presence.
  • Potential: Fantastic opportunity to own an established and extremely successful Sydney based business with plenty of room for growth - Could introduce coffee and breakfast especially on weekends - Reduce the top end management/head office and labour costs - Lots of opportunity to increase sales
  • Premises: These stylish, industrial chic and well designed venues operate in three Sydney suburbs and the shops are respectively 397, 427 and 328 m2 areas.
  • Trading Hours: 7 days - Open for lunch and dinner
  • Lease: All have very good lease terms in place with incentives and leases will be available to serious buyers
  • Employees: Full staff list will be provided as required after a meeting.
  • Comments: Miscell.- 1 - Includes all general costs such as electricity, gas, insurance, cleaning & waste removal. - Bondi Junction opened in 1995 and Miranda opened in 2015. - Solid, consistent performers, systematised businesses with attractive lease conditions and incentives. - Net profit shown is based on addbacks,reducing current wages and incentives. -

Weekly Summary

Weekly Takings
(inc GST)

$155,000

Cost of Goods

$50,000

Gross Profit

$105,000

Rent (ex GST)

$18,000

Wages

$60,000

Outgoings

$3,647

Misc1

$7,200

Total Expenses

$88,847

Estimated Stock (Additional)

$60,000

Net Profit

$16,153

Price

$2,500,000

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