RESTAURANT FOR SALE - GREAT OPPORTUNITY- CAN BE A BAR/CAFE
It is a fully managed business in which the owners do not work in.
This restaurant fitout was set up 3 years ago and is beautiful from head to toe with designer furniture and alfresco dining.
The business was set up by us as a self running business from day one.
Yearly Turnover is $600,000pa
KEY POINTS FOR A SUCCESSFUL FOOD BUSINESS:
1) Has a liquor license
2) Cheap Rent. Rent is $1200 a week.
3) Huge exposure. This site is on a main road with 10,000 cars passing daily
4) Good financials. Turnover is $10,000 to $12000 a week with $2100 Net profit average a week, full financials can be shown to serious buyers.
5) Manageable size. Site is 110m2 meaning its not too big nor too small for an operator, it also means the rent is extremely low per square meter this close to the city and with its exposure.
6) Fully managed. There is a full camera system in place so the business can be monitored from our phones or computer. We have not worked in the business since day one as we have full time jobs and children. In this industry an owner operator business is always more successful than a fully managed business, so this would be even more profitable to an owner operator as they would have higher sales and pay themselves the wages.
We are putting this on the market for expressions of Interest.
The site has great potential, it can open up for additional operating hours to increase revenue, ITS ONLY OPEN FOR 4 HOURS a day and making these sales. The site has the possibility to double turnover by operating additional hours (there is a huge breakfast demand in the area). This along with extremely cheap rent and a long lease means its a catch. Will not be online for long.
New owner will not have to touch as thing as everything is already fitted out with a full kitchen and bar. (Turnkey) Staff are already in place so a operator not familiar with hospitality can easily run the business.
Please email with your full name and your phone number and we shall get back to you as soon as we are able.
Genuine interest only.
- Date Listed:28/05/2019
- Last Edited:02/07/2019
- Business Type:Food/Hospitality
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