www.aubizbuysell.com.au/119369
Ad ID: 119369

Profitable Restaurant Cafe Bar for Sale Sydney

Woodfire Pizza: Alfresco Dining - Licensed

Location:
Asking:
$249,000

Why buy this Profitable Restaurant Cafe Bar Business

Profitable Restaurant Cafe Bar for Sale Sydney Asking: $249,000

Established Inner West Sydney restaurant with alfresco dining, private garden & impressive kitchen & woodfire oven. Strong customer base with major growth opportunity. Motivated vendor. Must sell.

Revenue

$1,450,000 pa

Location Details

This restaurant is located in the busy Sydney Inner West area of Abbotsford Peninsula. The location services a high disposable income customer area with an appreciation good service and great food. Full site details can be provided upon inquiry.

Potential

A great opportunity for an owner-operator, to secure this highly visible, spacious & well-equipped restaurant in the heart of Sydney's inner west community, which comprises a high net worth demographic and enjoys an excellent reputation. Active in dining in, take away, and delivery and known for hosting large functions. Includes data of loyal customer base.
The venue currently does not offer lunch Monday to Friday so there is plenty of room to grow.

Skills

Will suit any menu offers and ideal for an owner-operator who can connect with the local communty

Hours

Currently trades dinner 7 days with lunch offered during weekends only.

Lease

5 years

Employees

Current staff available subject to new owner

Reason for Sale

The current business is part of a larger restaurant group with the site operator running multiple businesses. He is now seeking to downsize toward retirement.

About the Business

The venue has been in operation for 11 years.

The current restaurant offers a fantastic Italian/Pizza/Pasta menu however it can accommodate any new menu offer as the kitchen is fully versatile. This is an ideal owner-manager opportunity and there is virtually nothing to spend outside of new signage to get started.

High net worth customer base who love their local restaurant. Many regulars come weekly or more frequently.

Fantastic wide frontage with extensive seating internally, with Al Fresco Dining in the street front plus private garden Dining if desired. Seating up to 140 customers in total.

Spacious kitchen with professional Woodfire Oven and generous equipment, in addition to large dry goods & storage areas.

Beautiful bar with generous equipment and plenty of space to expand. Fully licensed 7 days until 10 pm

Plenty of on-street parking in front and surrounds

Currently offers dine-in, delivery, and takeaway

Popular with families and function bookings. Has held many christenings, first communion, bridal showers, engagements, and the like parties, up to 100 guests.

Perfect choice for a hands-on owner-operator who can connect to the community

Trading 7 nights and 2 lunches on the weekend so excellent scope to increase trade.

New 5-year lease

Walk-in, walk-out basis.

Please note that the purchaser will be required to rebrand the business as the current trading name cannot be carried to the new ownership.

History

The venue has been in operation for over 11 years.
For more info
Contact: Frank Sassin

Frank Sassin

0422 000 444
Business Brokers Network Australia
Broker Ref: 20786

Save or share this opportunity

Email to a friend / myself