Restaurant - Eastern Suburbs

10 days ago

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Internal Ref: TTQE1021

Summary

SBX Business Code: TTQE1021 - Restaurant - Bar - Eastern Suburbs

Rent

$67,600 pa

Net Profit

$67,600 pa

Location Details

Situated on main strip food precinct not far from the beach and is the only Mediterranean / Middle eastern cuisine restaurant in the area.

Potential

Could increase profit by being owner operated - opening for lunch could easily increase takings plus expanding on the current menu. - Established website / social media platforms.

Hours

7 days - Mon. - Sun. - 5.30 p.m.-10.00 p.m.

Lease

3 + 5 + 5 year lease expires September 2025 - C.P.I. increases- 3 month bond

Employees

7 casuals + 1 full timer

About the Business

Restaurant - Bar - Eastern Suburbs

SBX Business Code: TTQE1021
Restaurant & Bar offering a modern Eastern /Mediterranean culinary experience - specialises in catering for casual dine in, serving dishes to share, which includes vegetarian, meat, crustacean & fish style of dishes. - The food is rustic yet refined meze style and the menu changes seasonally - Full commercial kitchen - 1 grease trap, 6 burner stove, frier, flat top grill, commercial oven, 2 fridges, 1 freezer, walk in cool room, commercial dishwasher. - Full service bar - 3 door fridge, coffee machine 2 group, 1 grinder, still & sparkling on tap, glass washer.

Potential
Could increase profit by being owner operated - opening for lunch could easily increase takings plus expanding on the current menu. - Established website / social media platforms.

Features
Unique Eastern /Mediterranean style fit out - Well established after 5 years and enjoys being amongst the busiest in the strip - Great location.

Premises
This restaurant has an a area of 85m2. with rear access + storage area and backyard area with permaculture garden.

Location
Situated on main strip food precinct not far from the beach and is the only Mediterranean / Middle eastern cuisine restaurant in the area.

Trading Hours
7 days - Mon. - Sun. - 5.30 p.m.-10.00 p.m.

Lease
3 + 5 + 5 year lease expires September 2025 - C.P.I. increases- 3 month bond

Employees
7 casuals + 1 full timer

Comments
Currently running under full management - High profile social media presence including facebook, instagram, twitter. - Great opportunity for enthusiastic purchasers.- Huge opportunity to open for breakfast or lunch and coffee on Fridays to Sundays. - This is a very well known and busy bar and restaurant which offers two styles of dinner cuisines.

SBX Business Code: TTQE1021

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