Italian Restaurant and Bar - Coffee Takeaway - Sydney CBD

28 days ago

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Internal Ref: W1906

Summary

SBX Code: W1906 - Well known for many years with sales of $45,000 p.w. and 90 kgs. coffee. - netting over $12,000 p.w.

Rent

$5,500 pw

Net Profit

$12,600 pw

Location Details

Situated in a large modern 26 level building in a prime CBD location with the Queen Victoria Building a short walk away.

Potential

Restaurant experienced couple could save on wages - could open for dinner (current owner opens lunch only) Liquor license until 1100 p.m. -Catering in the office building and surrounding offices.

Hours

Restaurant open 7 days 700 am to 300 pm. Takeaway open 6 days 630 am to 400 pm

Lease

Current lease expires March,2027 -Rent increases by 4% per year - 3 months bond

Employees

1 owner + 1 full time chef + 10 casuals

About the Business

Restaurant - Bar - Takeaway Coffee - Sydney CBD

SBX Code: W1906
Italian restaurant bar and coffee takeaway - Full commercial kitchen serving a variety of Italian cuisine for breakfast and lunch - wines, beer and cocktails served at bar. - Coffee sales approx. 90 kg. per week including restaurant and coffee takeaway in front of building entrance. - Full renovation was done in 2019 with replacement of most of the kitchen equipment and kitchen appliances. Brilliant fit out with state of the art equipment throughout. - 59 seats in side - 16 seats outside - Liquor license until 1100 p.m

Features
Spacious, well known, historic Italian restaurant situated at front of large modern building including coffee takeaway -Long established. - Loyal regular office clients.

Premises
This restaurant has an area of 200 sq. mts. with 50 sq. mts. of outdoor seating.

Comments
Rent includes outgoings. - Coffee takeaway sales $20,000 / 6 days, - Restaurant sales $25,000 / 7days lunch only. . Excellent fit out with high quality furniture. Motivated vendor. Staff not aware, Inspections through your broker.

SBX Code: W1906

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