Current lease expires July 2019 + 5 year option - 3% increases p.a. - 6 month bank guarantee
1 owner + 1 - 2 casuals
About the Business
Restaurant - Bar - Functions - Inner West
SBX Code: SFG1006 Restaurant and bar that caters for entertainment and events specialising in Mexican cuisine. - Fully licensed for alcoholic beverages including cocktails. - 54 seats inside with 30 seats outside. - Modern wood and tiled themed shopfit. - Light cooking only as most ingredients are pre-prepared by supplier so an expert chef is not required in day to day operation. - 30 seats outside - 54 seats inside.
Potential Could open for lunches - expand marketing through facebook - enter into arrangement with Uber Eats.
Features Hours of operation are highly attractive - Easy to operate - Simple menu and easy preparation of food - Close proximity to major events - Profitable.
Premises This business has an attractive casual themed internal dining area and smaller external area with an area of 105 sq. mts.
Location Excellent street frontage location in an entertainment, events and dining precinct in Inner West Sydney.
Lease Current lease expires July 2019 + 5 year option - 3% increases p.a. - 6 month bank guarantee.
Employees 1 owner + 1 - 2 casuals
Comments Misc.- 1 - other general expenses + GST. - Misc. - 2 - superannuation guarantee levy. - Training available for purchaser. - Business was established by current owner and is now profitable with current turnover up approx.25% on prior year.