Profitable Restaurant in High-Traffic Area in Narellan Don't Miss Out!

20 days ago

Private Seller

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Summary

Prime location in a high-traffic area with excellent visibility facing Narellan town centre and ample parking space. Low rent & outgoing. Untapped Market Potential. Grow Your Business Exponentially

Revenue

$11,500 pw

Rent

$1,150 pw

Expenses

$4,500 pw

Net Profit

$5,850 pw

Location Details

332a camden valley way
Exclusive location in a sought-after area with high demand for dining precinct option offering great exposure facing Narellan town centre and abundant parking available.Situated in a vibrant neighborhood known for its diverse culinary scene.

Potential

Transform this prime location into your dream restaurant and capitalize on the high foot traffic. The existing permits and licenses make it easy to switch to a different type of restaurant.
This restaurant's strong foundation and loyal customer base can be leveraged for a seamless transition to a new concept.

Skills

Experienced owner make huge profit.

Hours

Thur to Sun 4 days 4.30pm to 9pm dinner service only

Lease

Current 5 year lease commenced Aug 2023 with 5+5-Rent increases by 3% per year, Bond $10,000.Current rent is $5,100/m

Employees

2 owners & 6 Casual

Reason for Sale

Retirement

About the Business

A fantastic established business with a loyal customer base and high profit margin. Strong brand identity and established presence in the local community. Operating only 4days dinner (Thursday to Sunday)
Thriving on 4 Nights, Imagine 7!
Untapped Revenue: Extend Hours, Add Late-Night Drinks, Skyrocket Profits. Current Liquor license allows open till late.
Proven Success with Limited Hours. New owner just expand for Explosive Growth.
Gross sales between 11,000 to 16,000 per week with 4days dinner only
Rent around $5,100 per month
Outgoing 50% council fee, utilities only. No strata fee.
Current 5 year lease commenced Aug 2023 with 5 + 5 year options - Rent increases by 3% per year, Bond $10,000.
Very Low rent and outgoings makes high net profit rather than neighbor shops. Work hard and keep it as current level investment will be recovered within 12month.

History

Operated since 2018. . Very stable business. Well known to locals.
Fully equipped kitchen with cool room and storage room - 107 sqm, 56 seats or more. could be make outside seating as well. All equipment belongs to business, nothing leased

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