Profitable Burger Bar with PSA Liquor License $28K pw

This profitable one of a kind fully licensed fast-food takeaway, cafe and Burger Restaurant near McMahons Point/North Sydney. It is in a great Sydney harbourside location along an eat street with other shops, cafes, retail and restaurants. – No CPI increases till April 2025!

– 10 years lease expires April 2033 (April 2023 – April 2028+ 5-year option) size of shop is 60 m2 plus storage.
– Sales averaging $25,000 -$28,000 pw – Netts over $6,000 p.w.
– Trading 7 Days from 10 am to 8.30 pm
– Prime location in major eat street, near train station and Sydney Harbour Bridge
– Sydney marathon, NYE are extremely busy days!
– Low Rent at just $1,578 p.w.inc GST – Outgoings approx $8,000 per year
– 12 seats outside and 12 seats inside
– Fantastic opportunity and a very attractive business model that could be a good opportunity to franchise or open more stores in the future
– Fully Licensed with PSA (Primary Service Authorisation) and potential to increase liquor sales by opening a bit later

Heaps of tourists and very busy during NYE, VIVID, public holidays and sport events. There is an opportunity to grow the business further in this amazing location in the Lower North Shore

Listing Number: NSW10796

Broker: Jan Forsyth
​Phone: +61 411 510 610

Email: jan.forsyth@linkbusiness.com.au

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Keywords: Licensed, Profitable, Burger, McMahons Point/North Sydney, long Lease, Low rent

Ref: NSW10796