Summary
Must Sell! !! Profitable Restaurant in Prime Location!! Under semi-management.
Revenue
$25,000 pw
Location Details
Northern Suburb
High foot traffic, prime location.
Potential
The business was doing $ 35,000-$ 40,000 a week with the previous owner.
Skills
Better management skills are required to increase sales.
Hours
11-8.30 pm
Reason for Sale
Vendors are seeking other careers.
About the Business
An outstanding opportunity to acquire one of the area's most popular restaurants! Featuring a modern, on-trend fit-out, a fully equipped commercial kitchen, and a licensed bar, this well-established venue offers seating for up to 120 guests and operates under management. With strong weekly takings and excellent profitability, this is a must-visit business.
Business Highlights:
* Prime location, one of the best in the area, with high foot traffic
* Licensed pub.
* Fully under management, ideal for investors or owner-operators
* Trendy interior design with quality fixtures and fittings
* Strong weekly takings of approximately $25,000$30,000+
* Potentially, breakfast can be served to increase the income.
* Attractive rent and long lease (approx. 7 years remaining)
* Fully equipped commercial kitchen and Licensed Bar
*Vendors claim net profit of $4,000-$5,000 per week
Easy-to-run menu, no experience required, full training provided
The vendor is motivated to sell and will consider any reasonable offer. Don't miss this excellent opportunity to step into a thriving, well-run restaurant business in a premium location!
For more information or to arrange an inspection, please contact:
Peter Li
Exclusively listed by No.1 Commercial & Business
Disclaimer: The financial information and statements relating to the above business are based solely on details provided by the vendor to No.1 Commercial & Business (NOCB). NOCB does not guarantee the accuracy of such information and will not be held liable for any discrepancies. All prospective buyers are strongly advised to seek independent accounting, legal, and financial advice, and to conduct their own due diligence. Images are for illustrative purposes only and do not represent the actual business.
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