Restaurant / Takeaway Food Business - Under Management

13 days ago

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Internal Ref: 1632474

Summary

This is an amazing opportunity to acquire a unique and well-established Takeaway Fish Restaurant that is under management in Sydneys bustling Lower North Shore. Price Reduced for a quick sale!

Revenue

$1,700,000 pa

Location Details

Well-positioned in one of Sydney's most iconic and sought after suburbs in the Lower North Shore.

Potential

The new owners have the ability to increase the trading days to include Sunday which will see the revenue increase. The sale includes the transfer of the extended hour's liquor license attached to the business.

Skills

The business is predominantly run under management with well-trained staff. The new owners will need a passion for customer service and staff management experience. Hospitality experience would be advantageous but not essential.

Hours

Currently trading:

Monday - 9 AM - 8 PM
Tuesday - Saturday - 9 AM - 10 PM
Sunday: Closed

Employees

Full Time - 1
Casual - 11

About the Business

This is an exciting opportunity to acquire a liquor licensed restaurant and food takeaway business on Sydney's bustling lower north shore. The restaurant is run under management with highly trained staff in place making for a smooth transition.

The restaurant has become highly reputable in the area earning multiple food & wholesale awards as well as countless positive customer reviews & ratings. There is potential to improve current revenue streams as well as expand operations further.

Here are a few important facts about the business:
- Multi award-winning
- Social Media & website platforms included in the sale
- Glowing reviews
- Beautiful restaurant fit out
- Fully liquor licensed
- Turning over $1.7M in revenue
- Utilizing food delivery services such as Uber Eats & Deliveroo

For all your enquires about this business please refer to:

Peter Barrett
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0474 378 411 T: 1800 858 696 E: peter.barrett@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1632474 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Business categories: Restaurant, Food, Takeaway, Under Management, Wholesale, Distribution, Fish and Chips, Liquor

History

The business was founded in mid 2000's by two well-known chefs with a large focus on quality seafood. It has since developed the perfect mixture of suppliers, staff and all around product offering. This solid framework of passion and quality create an undeniable case of future proofing and financial expansion that the new operator can look forward to.

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