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Coco Cubano Venue for sale in Western Sydney

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Price $250,000
Profit *

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Sales Revenue

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Location Sydney Region, Parramatta
Category Food/Hospitality, Restaurant
Listing # NSW11301
Sukhdeep Mangat Headshot

Sukhdeep Mangat

Business Broker

NSW

+61 2 9899 1999

+61 476 958 358

[email protected]

Jan Forsyth Headshot

Jan Forsyth

Business Broker

NSW

+61 2 9899 1999

+61 411 510 610

[email protected]

Parramatta Restaurant Business for Sale

About this Business for sale in Parramatta

New Owners will have the freedom to change the brand or continue with the same brand name and a weekly licence fee. Currently a fully licensed Latin inspired cafe/restaurant & bar offering an all day food & drink, mouthwatering menu including breakfast, burgers, tapas, salads, cocktails, drinks and the best coffee. Vibrant and welcoming atmosphere perfect for any fiesta! Opened in 2012 this is a beloved local favourite and very well established in this busy and happening street in the heart of Western Sydney.

Key  Features

  • Average weekly turnover approx $26,000 – $28,000 p.w. 
  • Reasonable rent at $3,150 pw ex gst (plus outgoings)
  • Fully equipped kitchen, cool room and storage room 
  • Fully Licensed and open 7 days 
  • Long new 10 year lease expires in 2034 for security of tenure 
  • Size 101m2 – 50 Seats inside and 40 seats outside 
  • Fully under Management – Would also suit an owner operator for a higher return.
  • Fixed weekly License fee (regardless of turnover)
  • Renovation spent $100K with new cool room, fridges, paint and new furniture 
  • Weekly profit approx $6,500 p.w.

 

The  stage 1 light rail should be operational from mid-2024 which will increase foot traffic and revenue.

Surrounded by hotels, other businesses, office workers and residential. Enjoy the benefits of a well-established brand, training, proven systems and ongoing support.

A fantastic prime location with high foot traffic, excellent  visibility and a sought after corner position.

This is an opportunity not to be missed and will not last at this price!

Listing ID: NSW11301

Broker Sukhdeep Mangat
Phone: +61 476 958 358
Email:  [email protected]

Broker: Jan Forsyth
​Phone: +61 411 510 610
Email: [email protected]

To find out more, press the “Enquire Now” button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Sydney, franchise, cafe, cocktails, restaurant, bar, mexican  and Licensed

Ref: NSW11194

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Sukhdeep Mangat

Business Broker
NSW
+61 2 9899 1999
+61 476 958 358
[email protected]

Jan Forsyth

Business Broker
NSW
+61 2 9899 1999
+61 411 510 610
[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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