Restaurant with Prime location in Northwest of Sydney - 1SELL Listing Number: 1AU0134

$169,000 + SAV

Restaurant with Prime location in Northwest of Sydney

Asking Price $169,000 + SAV

Are you looking for a fantastic investment opportunity in the food and beverage industry? Look no further! We are delighted to present this well-established restaurant business for sale in the bustling suburb of Northwest of Sydney.  From its strategic location to its loyal customer and untapped potential, this business offers a solid foundation for success.

Key Features:

1. Excellent Location: Situated in the heart of fast-growing Northwest suburb of Sydney, this restaurant benefits from high foot traffic and great visibility. With ample parking facilities, it attracts both residents and visitors from surrounding areas.

2. Well-Equipped Premises: The restaurant occupies a spacious and well laid out premise, spanning 120 square meters. It boasts a beautifully designed dining area with 40 seating capacity, creating a comfortable and inviting atmosphere for guests. The fully equipped kitchen with quality appliances and a well-organised layout, ensuring efficient operations. There is 4-bedroom accommodation available for owner/staffs to stay. Garage 200sq approximately and option for subdivision of the shop also available.

3. Diverse Menu: The restaurant offers a diverse menu that appeals to a wide range of tastes and dietary preferences. From delicious Indian food and mouthwatering fish n chips and refreshing beverages, there is something to satisfy every palate. The business has established a reputation for serving high-quality, flavorful dishes, making it a favorite among locals.

4. Established Customer Base: With several years of successful operations, this restaurant has built a strong and loyal customer base. It benefits from a solid reputation for exceptional food, friendly service.  The restaurant has also embraced technology by implementing an online ordering system, further expanding its customer reach.

5. Growth Potential: There is significant potential for growth and expansion in this business. With the increase in population and ongoing development in the area, the demand for dining options is expected to rise. The new owner could explore opportunities for, catering services, special events, and partnerships with local businesses to further enhance revenue streams.

6. Trained and Dedicated Staff: The restaurant is supported by a team of skilled and well-trained staff members who are committed to providing exceptional service. With their expertise and passion for hospitality, they contribute to the smooth operation and continued success of the business.

This is an outstanding opportunity for an aspiring entrepreneur or an experienced operator looking to expand their portfolio. Whether you are seeking a turn-key business or a strategic investment, this restaurant business in Northwest of Sydney offers a winning combination of location, reputation, and profitability.

Don't miss out on this exciting chance to own a thriving restaurant in one of Sydney's fastest-growing suburbs. Take the next step towards fulfilling your entrepreneurial dreams by contacting us today to arrange a confidential discussion and to receive a comprehensive information pack.

 A. long lease till 2028 with 2 x 5yrs option.

 B. Operating hours- Monday to Saturday- 9am - 9pm

                                                     Sunday - 10:30am-8:30pm

 C. Revenue and Expenses

•        Store sales = over $48,000/month

•        Rent per Month = $8,941/month + GST

•        Wages expenses = $12,990 /month approx.

•        Monthly net earnings for Owner’s operated $7,500/month before tax.

Cost to Purchase

•        Business: $169,000

•        3-month lease bond: $24,000

•        1 Month rental advance $8,941

•        Stock: $5,000 - $7,000 approx.

•        Legal fees for buying the business and lease

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.

Details

State NSW
Property Type Business
Category Retail

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