Summary
THIS BUSINESS IS A GOLD MINE * NETTS OWNERS $12,500 PW PLUS * UNDER FULL MANAGEMENT * STILL WITH UNLIMITED POTENTIAL FOR GROWTH
Revenue
$75,000 pw
Rent
$6,187 pw
Expenses
$49,259 pw
Net Profit
$12,500 pw
Location Details
Nestled in the vibrant heart of Parramatta corporate seen, this unique dining destination seamlessly blends culture, cuisine and traditions with an unrestricted approach in the kitchen and bar.
Potential
This location is still in it's growth phase, and the potential is untapped due to corporate growth in the area. These numbers are based on the current number of people in the corporate sector which is approx. 50% of the capacity.
Skills
Business is run under full management, so you can manage the business or get involved in the day to day operation. Full training will be provide from the current staff on an ongoing basis.
Hours
Closed Mon
Tuesday 5.30 - 9pm
Wednes & Thurs 12-2pm, 5.30-9pm
Fri & Satur 12-2pm, 5.30-9.30pm
Sun 12-2pm, 5.30-9pm
Employees
FULLY STAFFED AND UNDER MANAGEMENT
Reason for Sale
OTHER BUSINESS INTERESTS
About the Business
Nestled in the vibrant heart of Parramatta, this unique dining destination seamlessly blends culture, cuisine and traditions with an unrestricted approach in the kitchen and bar, our dishes and drinks draw inspiration from the rich diversity of the region, infused with a fresh contemporary twist.
Sophisticated ambiance enjoy versatile 110 seating dining options in an indoor-outdoor space that offers both communal dining and private tables.
Impressive financial performance with consistent weekly revenue demonstrates a lucrative venture with strong growth potential.
Excellent reputation supported by loyal customers who return for delectable cuisine and top-notch service.
Highly recognized and rated by all media channels including goodfood guide and on all online channels including google, tripadvisor etc.
Fully equipped state of the art commercial kitchen in excellent condition with modern plant and equipment.
Experienced and trained dedicated staff committed to maintaining high standards.
Current owner willing to provide extensive support to ensure a smooth transition.
Contact us now to learn more and schedule a viewing. Act quickly, as this opportunity won't last long!
Weekly summary approximately, includes GST unless stated otherwise.
Takings Winter $75,000
Cost of Goods $17,772
Rent $6,187
Outgoings $719
Wages $23,636
Tele/Internet $48
Insurance $307
Electricity $1,293
Gas $245
Marketing $484
Rubbish Removal $665
Subscriptions $624
Accounting/Bank Fees $741
Misc $2,725
Net profit approximately $12,500 AVERAGE WEEKLY.
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