Best Steak, Ribs And Seafood In Town! Vendor Finance Available!

Price

$495,000

Profit *

$393,620

Sales Revenue

$2,086,468

Location

Sydney Region, Parramatta

Category

Food/Hospitality, Restaurant

Listing #

NSW08606

Parramatta Restaurant Business for Sale
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Parramatta Restaurant Business for Sale
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About this business for sale in Sydney Region, Parramatta

Don’t miss this incredible opportunity! This business has an ROI of 38% which equals to $380,000 trading profit on asking price of $990,000 plus over $2 million turnover.

Howdy Partner! This restaurant delivers the best Southern food from the USA and makes sure customers have an experience they will never forget! With classic USA style ribs, steaks and seafood combos that are prepared from the best seasonal produce, people just keep coming back for more!

Although inspired by Southern style food, this restaurant is in a major sporting suburb and has a huge captive client base making it the busiest hangout for major sporting events! It has enormous potential with all sorts of development around the area with hotels, apartments, car parks and a rapidly growing community. 

Key Business Features:

  • Impressive turnover $2 million+
  • Strong profits and returns
  • Long and secure lease
  • Great rental deal
  • Over a thousand new residences currently being developed in the area
  • Huge infrastructural investment around the restaurant 
  • Run completely under management
  • Recently renovated with a $900,000 fit out 

Make note that Vendor finance is available for this business! 

Based around a superb water setting, it is a fantastic business to run, great for families and groups. This unique opportunity represents huge value, potential to be grouped with other opportunities in the same location for further profits. This opportunity will not last long on the market, enquire now for further details. 

Listing ID: # NSW08606

Broker: Paul Helliwell
Phone: + 61 2 9899 1999
Mobile: +61 419 015 046
Email: [email protected]

THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF

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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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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