Restaurant - West

24 days ago

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Internal Ref: SF1116

Summary

SBX Business Code: SF1116 - Fairfield Area - Italian restaurant - Functions - 160 seats - Low rent includes all outgoings - Currently only 4 days - Profitable - Brilliant opportunity in a large club

Rent

$44,200 pa

Net Profit

$244,400 pa

Location Details

Situated inside a large club in the West of Sydney

Potential

Could trade up to 7 days. - An enthusiastic owner operator or couplecould increase sales and profit. - To do more club promotions and corporate events.

Hours

4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Sun. - 12 p.m. - 3 p.m.

Lease

Current lease expires May,2020 + 5 year option - C.P.I. increases - 3 month bond (Licence agreement

Employees

1 Manager + 3 fulltimers - 4 casuals

About the Business

Restaurant - Functions - Business Opportunity - West

SBX Business Code: SF1116
Restaurant - Function Centre - Italian style restaurant using local fresh produce specialising in seafood, pastas, risotto, salads and a la carte meals. - Classic and modern Italian dishes. - Full kitchen with cool room, grease trap and exhaust. - Extensive wine list with no large stock requirements. - Ideal for functions - 160 seats - 4 days only

Potential
Could trade up to 7 days. - An enthusiastic owner operator or couplecould increase sales and profit. - To do more club promotions and corporate events.

Features
Low rent includes all outgoings - Good social Media - Captive market of club members - Unique opportunity - Profitable - Nothing to spend - Short trading hours - Four day work week plus extra if required for functions - Club support second to none - includes outgoings & marketing - Staff happy to stay - Good working conditions & environment

Premises
New, elegant and stylish premises and an area of 350 sq.mts.

Location
Situated inside a large club in the West of Sydney

Trading Hours
4 days - Thurs. - Sun. - 6 p.m. till 10 p.m. + Sun. - 12 p.m. - 3 p.m.

Lease
Current lease expires May,2020 + 5 year option - C.P.I. increases - 3 month bond (Licence agreement is in place)

Employees
1 Manager + 3 fulltimers - 4 casuals

Comments
Misc 1 - General Expenses -Upmarket Italian & Seafood cuisine in Sydneys largest Italian Club. - Specialising in functions, seating up to 160 -

SBX Business Code: SF1116

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