Restaurant - Cafe - Takeaway - North West Sydney - (Code: SS1002)
Licenced Cafe Restaurant Bar - Hills District Sydney - Nets over $2,000 p.w.
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Price: $99,000
Weekly Takings (inc GST)
$10,000
Cost of Goods
$3,000
Gross Profit
$7,000
Rent
$1,700
Wages
$2,500
Outgoings
$
Telephone
$22
Insurance
$45
Electricity
$100
Gas
$80
Misc 1
$100
Misc 2
$
Total Expenses
$4,547
Net Profit
$2,453
Coffee Kilos P/W
0.0
Estimated Stock
$5,000
(Additional)
Equipment
$100,000
(Included)
All other values exclude GST
General Description <p>Cafe / restaurant with a modern Mediterranean flavour, mainly focusing on Italian cuisine. This highly regarded eatery perfectly combines an upmarket daytime cafe with an enticing dinner destination and small function venue. An outstanding Google rating of 4.7 underscores its enviable reputation. High average customer spend. Quality upmarket rotating menus are featured for lunch and evening dinner sessions, including handmade pasta, gnocchi, seafood, antipasto, premium mains and quality desserts. A cosy ambience and well-stocked bar complement the intimate dining area and provides a contrast to the protected alfresco area outside. -Quality restaurant fit-out, intimate lighting and fantastic ambience. A quality eatery in a lovely area of Sydney with a well-heeled clientele. - Fully licensed, seating approx.100 people, with 80 seats inside and 20 seats outside. The facility is well suited to private functions.</p>
Potential Extend trading hours to include breakfast/brunch, grow catering and private function bookings, utilise the private room more actively, add weekend live music and leverage the licensed trading hours to expand evening trade.
Features Beautiful bar with quality top-shelf wine options. - Spacious and roomy premises with a clean commercial kitchen, - Excellent reviews and a long-established brand. - Prime location - . Private party/function room for up to 20 guests. - Amazing food, coffee and overall ambience.
Premises Well-presented licensed premises with full commercial kitchen, bar, quality fit-out, indoor dining, protected alfresco area and private function space.
Location Situated in Sydney’s desirable Hills District, the business benefits from a quality local catchment, strong surrounding demographics and a well-heeled customer base. The area supports both daytime cafe trade and evening dining.
Trading Hours 6 days - Tuesday to Thursday: 5 pm to 9 pm.
Friday to Sunday: 12 pm to 3 pm and 5 pm to 9 pm.
Mondays closed.
Lease Current lease expires January 2028 + 5 years option - 6 month bond but no personal guarantee required - CPI annual rental increases
Employees 2 full time chefs + 3 casual staff
Comments
Rare opportunity to purchase a quality, well-regarded and established eatery with a strong following, excellent online reviews and consistent weekly profits. There is plenty of opportunity to extend trading hours, add live music, introduce selected new menu items, grow functions and catering, and expand breakfast or later evening trade, especially with the licence allowing trade until midnight on Friday and Saturday.
SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.
SBXSS1002
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