Visit this listing at https://www.sbx.com.au/business?id=SF1551

Business Code: SF1551

Key Features: Restaurant - Tapas - 6 nights only - Cocktail Bar -City Fringe - Sales $7,100

State: NSW

Suburb: Surry Hills, 2010

Location: Busy main road location in a built up residential and retail strip minutes from the CBD in the City Fringe.

Description

Restaurant - Cafe - Tapas - Themed Rock and Roll Bar with attractive interior - Serving anti pasta- pasta - calamari - chips - bruschetta and other tapas - Full kitchen with cool room - Fully licensed selling wine, beer and lots of cocktails - 30 seats and venue capacity is 65

Summary

  • Features: Loyal clientele and established customers - High foot traffic - Great fit out and fun atmosphere - Nothing to spend
  • Potential: Outdoor seating (STA) - Open more during the day as a cafe - Add coffee - Focus on more themed events and live acts - Do some marketing and advertising - Improve social media presence
  • Premises: Neighbourhood themed rock and roll bar with good visibility and decorated with murals and memorabilia with an area of 100m2
  • Trading Hours: 6 nights - Mon. - Sat. - 5 p.m.- 12 a.m. (Midnight)
  • Lease: Current lease expires Sept. 2021 + 3 year option - CPI increases - 3 month bond
  • Employees: 2 owners + 2 - 3 casuals as required
  • Comments: Misc. - 1 - Other general expenses + GST. - In 2018 over $50,000 was spent on an upgrade which included a new sound system - A must to inspect but please be discrete.

Weekly Summary

Weekly Takings (inc GST)

$7,100

Cost of Goods

$2,000

Gross Profit

$5,100

Rent

$1,290

Wages

$1,000

Outgoings

$50

Insurance

$50

Electricity

$200

Gas

$50

Misc1

$250

Total Expenses

$2,890

Estimated Stock (Additional)

$7,000

Net Profit

$2,210

Price

$98,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Bar - Restaurant - Cafe - Tapas

Business Code: SF1551
Price: $98,000

Key Features: Restaurant - Tapas - 6 nights only - Cocktail Bar -City Fringe - Sales $7,100

State: NSW

Suburb: Surry Hills, 2010

Location: Busy main road location in a built up residential and retail strip minutes from the CBD in the City Fringe.

Description

Restaurant - Cafe - Tapas - Themed Rock and Roll Bar with attractive interior - Serving anti pasta- pasta - calamari - chips - bruschetta and other tapas - Full kitchen with cool room - Fully licensed selling wine, beer and lots of cocktails - 30 seats and venue capacity is 65

Summary

  • Features: Loyal clientele and established customers - High foot traffic - Great fit out and fun atmosphere - Nothing to spend
  • Potential: Outdoor seating (STA) - Open more during the day as a cafe - Add coffee - Focus on more themed events and live acts - Do some marketing and advertising - Improve social media presence
  • Premises: Neighbourhood themed rock and roll bar with good visibility and decorated with murals and memorabilia with an area of 100m2
  • Trading Hours: 6 nights - Mon. - Sat. - 5 p.m.- 12 a.m. (Midnight)
  • Lease: Current lease expires Sept. 2021 + 3 year option - CPI increases - 3 month bond
  • Employees: 2 owners + 2 - 3 casuals as required
  • Comments: Misc. - 1 - Other general expenses + GST. - In 2018 over $50,000 was spent on an upgrade which included a new sound system - A must to inspect but please be discrete.

Weekly Summary

Weekly Takings
(inc GST)

$7,100

Cost of Goods

$2,000

Gross Profit

$5,100

Rent (ex GST)

$1,290

Wages

$1,000

Outgoings

$50

Insurance

$50

Electricity

$200

Gas

$50

Misc1

$250

Total Expenses

$2,890

Estimated Stock (Additional)

$7,000

Net Profit

$2,210

Price

$98,000

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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.