Visit this listing at https://www.sbx.com.au/business?id=SF1555

Business Code: SF1555

Key Features: Restaurant- Bar - Steakhouse - Chatswood- 10 year Lease - Priced to sell!

State: NSW

Suburb: Chatswood, 2067

Location: New dining precinct in a busy shopping and dining centre directly above large popular anchor tenant, surrounded by residential and offices in the Lower North Shore

Description

Restaurant - Bar - Steak house - Opened in December 2018 - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment (owned by the landlord) and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO - the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021- Please ask your broker for the lease summary and rental invoice to show rental and lease details - Special low and reduced priced till the end of 2019 for a quick sale

Summary

  • Features: High foot traffic location - Currently under management - Very good 10 year lease + 5 year option - On site staff parking - Rent reductions for 3 years - Brilliant opportunity - Fast growing suburb - No make good clause in contract as the equipment and fit out is owned by the landlord.
  • Potential: Could introduce coffee and breakfast especially on weekends - Lots of opportunity to increase sales - Open 7 days - Huge growth potential - Suit any cuisine including Asian - Expand the corporate business side of the business and catering
  • Premises: This stylish new and well designed venue has a state of the art kitchen has an area of 328 m2.
  • Trading Hours: Currently open only 5 days but potential to open 7 days
  • Lease: Current lease expires November 2028 + 5 year option - 3% increases - 6 month bond -
  • Employees: 1 full time Manager + 18 casuals
  • Comments: Current average sales are approx. $16,000 p.w . -- WIWO - Very good lease and the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021.Business name, IP and recipes are not being sold.

Weekly Summary

Weekly Takings (inc GST)

$16,000

Rent

$1,707

Outgoings

$1,128

Estimated Stock (Additional)

$10,000

Price

$48,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Cafe -Steakhouse - Business Opportunity

Business Code: SF1555
Price: $48,000

Key Features: Restaurant- Bar - Steakhouse - Chatswood- 10 year Lease - Priced to sell!

State: NSW

Suburb: Chatswood, 2067

Location: New dining precinct in a busy shopping and dining centre directly above large popular anchor tenant, surrounded by residential and offices in the Lower North Shore

Description

Restaurant - Bar - Steak house - Opened in December 2018 - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment (owned by the landlord) and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO - the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021- Please ask your broker for the lease summary and rental invoice to show rental and lease details - Special low and reduced priced till the end of 2019 for a quick sale

Summary

  • Features: High foot traffic location - Currently under management - Very good 10 year lease + 5 year option - On site staff parking - Rent reductions for 3 years - Brilliant opportunity - Fast growing suburb - No make good clause in contract as the equipment and fit out is owned by the landlord.
  • Potential: Could introduce coffee and breakfast especially on weekends - Lots of opportunity to increase sales - Open 7 days - Huge growth potential - Suit any cuisine including Asian - Expand the corporate business side of the business and catering
  • Premises: This stylish new and well designed venue has a state of the art kitchen has an area of 328 m2.
  • Trading Hours: Currently open only 5 days but potential to open 7 days
  • Lease: Current lease expires November 2028 + 5 year option - 3% increases - 6 month bond -
  • Employees: 1 full time Manager + 18 casuals
  • Comments: Current average sales are approx. $16,000 p.w . -- WIWO - Very good lease and the rent shown is the current reduced weekly rent which includes incentives (rental abatement) which have been approved till May 2021.Business name, IP and recipes are not being sold.

Weekly Summary

Weekly Takings
(inc GST)

$16,000

Rent (ex GST)

$1,707

Outgoings

$1,128

Estimated Stock (Additional)

$10,000

Price

$48,000

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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.