Established for over 20 years in same location.
This restaurant has a regular local following in the surrounding residential/commercial precinct.
Current owners for 3 years have enjoyed a healthy profitable lifestyle.
Trading 6 days per week for lunches Monday to Saturday from 11am to 2pm and 7nights for dinner from 4.30pm to 9.30pm.
Turnover well over $20,000 per week for 53 hours of total trading per week.
Good lease in place with a reasonable rental which can further be negotiated with the landlords.
Very large fully equipped kitchen with walk-in cool room and dry storage.
Seating capacity 120 people with a bar and full liquor licence.
Owners wanting to retire and want it sold ASAP.
Asking Price: $250,000 + SAV
A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at https://linkbusiness.com.au/GC00702 and click on the ENQUIRE NOW button.
For full details contact Baz Sanjakdar
*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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