Restaurant and Cocktail Bar – Five Days

For Sale $475,000 +SAV
Property Details

For Sale $475,000 +SAV
Description

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This Restaurant and Cocktail Bar is located in a prime corner position of a food and retail precinct and in a major Sutherland Shire suburb.

The restaurant is surrounded by high density residential with year round foot traffic and passing trade, the area has a laid back beachside atmosphere.

The business is well established and is currently run under full management with minimal input from the owners.

The dining area is bright and open plan and large bifold doors open onto the very popular outdoor dining area.

The restaurant has been established in its current format for over four years and it currently trades just five days per week (four lunches and five evenings).

There is huge potential to open for breakfast at the weekends, the location is perfect and there is a strong demand from the locals.

If you are looking for a fully managed, well established business with room for growth then this could be the one for you, please contact Paul Leach for more information and an inspection.

Full financial and supporting documentation is available to qualified buyers.

**Please note that for confidentiality the image in this advert is generic and is not of the actual business**

Property Features
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One Response

  1. Could I please get some information about this business.

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Years Est


Years With Current Owner


Staff No
The business is currently run under full management.

Lease Info
Strong lease in place until 2028. – 4%. increases – A six month bond is required.

Trading Times
5 days – Weds 6pm -11pm Thurs 12pm – 11pm Fri – Sat 12pm. to 12am. Sunday 12pm – 10pm

Size of Premises
Approx. 90 square metres. - Toilets, Full commercial kitchen and store room. Large outdoor seating area (no additional cost)

Opportunity

Extend the trading hours to capture the breakfast trade at the weekends.

The current owners are not working in the business and a more present owner/operator would see an immediate improvement in sales and profit.



Note to buyers


Seats Inside


Seats Outside


Stock Value