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

Business Code: SF1555

Key Features: Kellys Bar and Grill -Chatswood - New Store Opportunity -Set up cost $1.7 Mill

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 and cost over $1.7mill to set up - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO

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
  • 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
  • Premises: This stylish new and well designed venue with 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. $20,000 p.w. - As this is a new shop the business is not selling on the figures but the opportunity including all equipment and restaurant set up cost of over $1.7 million dollars - 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.

Weekly Summary

Weekly Takings (inc GST)

$20,000

Rent

$1,707

Outgoings

$1,128

Estimated Stock (Additional)

$10,000

Price

$298,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Bar - Cafe - Business Opportunity

Business Code: SF1555

Key Features: Kellys Bar and Grill -Chatswood - New Store Opportunity -Set up cost $1.7 Mill

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 and cost over $1.7mill to set up - Fully licensed steak house selling wine, beer, soft drinks and cocktails - Fully equipped with state of the art equipment and a well maintained open kitchen - 130 seats- Business name and recipes are not being sold. - WIWO

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
  • 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
  • Premises: This stylish new and well designed venue with 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. $20,000 p.w. - As this is a new shop the business is not selling on the figures but the opportunity including all equipment and restaurant set up cost of over $1.7 million dollars - 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.

Weekly Summary

Weekly Takings
(inc GST)

$20,000

Rent (ex GST)

$1,707

Outgoings

$1,128

Estimated Stock (Additional)

$10,000

Price

$298,000

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