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Posted 27/03/2020 in Food and Beverage by ABBA Group

Restaurant, Western Sydney, High T/O, Low Rent | ID: 878

Horsley Park NSW 2175, Australia
$595,000.00 Cafe Bar Restaurant / Business For Sale
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Summary

This business has been operated by the same owner for the last 15 years. A well-known place to visit for the locals and the visitors. Currently serves traditional and seafood Italian dishes and steaks.

Revenue

$35,000 pw

Rent

$2,000 pw

Net Profit

$6,350 pw

Potential

Catering, Social media

Lease

5 Years new lease

Reason for Sale

Change of career

About the Business

This business has been operated by the same owner for the last 15 years.

A well-known place to visit for the locals and the visitors. Nestled in outer western Sydney, located on the main road, Currently serves traditional Italian dishes as well as seafood and steaks.

The total area of the restaurant is 500 sqm, with seats for over 300 people if required, including 2-3 private functions rooms.

Well presented and established business that must be inspected.


Key Features:

- Attractive turnover

- Brand new lease @ low rent

- Huge full kitchen with a wood-fire oven

- Separate bar area

- Separate functions rooms

- Plenty of on-site parking for over 20 cars

- Only open 6 nights and 5 days

- Fully licensed

- Full white table cloth fine dining service or casual


Potential:

- A fully equipped restaurant that could cater to any cuisine

- Promotion via social media would give an impact on revenue

- No nearby competition


This business is suited for an experienced restaurant operator to continue on with the current reputation and build on further. Any experienced cooks or chef can take this on with any other cuisine, utilising the state of art kitchen.



To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=5198932#enquire-now


If you like to know more about the Business please complete our online confidentiality agreement here:
https://www.abbabusinesssales.com.au/ca-forms/ca-form-878

or visit our Website www.abbabusinesssales.com.au and use the reference #878 to search for the business.


Whilst every care has been exercised in the preparation of the business profile, the information is intended as a guide only and is based on information supplied to ABBA Group from the seller. ABBA Group give no assurances as to the accuracy of any information or advice contained. That information has not been endorsed or approved by ABBA Group. Prospective purchasers are responsible for accessing the relevance and accuracy of the business profile and urged to seek independent legal, financial and taxation advice.

Whilst every care has been exercised in the preparation of the business profile, the information is intended as a guide only and is based on information supplied to ABBA Group from the seller. ABBA Group gives no assurances as to the accuracy of any information or advice contained. That information has not been endorsed or approved by ABBA Group. Prospective purchasers are responsible for accessing the relevance and accuracy of the business profile and urged to seek independent legal, financial and taxation advice. 

History

15 Years of trade

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Posted By

ABBA Group

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Member since 02/03/2020

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Listing Details

  • Asking Price
  • $595,000.00
  • Price Comments
  • Negotiable (NEG)
  • Status
  • Business For Sale
  • Business Type
  • Cafe Bar Restaurant