Are you looking for a business where you can walk in and make money? Look no further! This cafe restaurant is VERY LOW RISK with HIGH REWARDS with approximate sales of at least $1 million in the first year for the new owner.
Key features of this opportunity:
– Fantastic lease offered with rent terms on the market
– Minimum base rent $60,000 + GST per year
– Turnover rent 10% ongoing
– 5 years plus one option of 5 years.
Don’t let this opportunity pass by. On offer we have a beautiful hotel café/restaurant that has the exclusive right to service hotel guests and their requirements. As the only on-site food hospitality business this is guaranteed to have a continuous flow of income. Located in North West Sydney, this 60 seater venue is perfect for someone to walk in and operate. Fully fitted just 3.5 years ago there is no work required and no upgraded needed in the foreseeable future. There is full hotel support and facilities and generates a minimum of approx. $1 million turnover in the first year.
Don’t wait and enquire on this business today!
Listing ID: NSW09
Broker: Paul Helliwell
Phone: + 61 2 9899 1999 / 0419 015 046
To complete an online confidentiality agreement, visit this business and enquire now at: https://linkbusiness.com.au/businesses-for-sale/ca/NSW09
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
*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.