Price
$140,000 - $180,000
Profit *
Refer to Broker
Sales Revenue
Refer to Broker
Location
Sydney Region, Parramatta
Category
Food/Hospitality
Listing #
10791
Price reduced from $280k to half price!
Must sell for family reasons. Owner says make offer.
Turnover: $20-22k pw average and growing
Great lease: 6+5+5
Recent $800k fitout incl.
Landmark of the Parramatta dining scene setting the benchmark for the last 16 years.
Won recent 2011 award for best restaurant in competitive dining area of Parramatta.
Profitable business with growing returns
6 day business with a 7 day, 2am liquor licence.
Full kitchen staff in place, the current owner manages restaurant
Strong advertising campaign is driving rapid sales growth
Ideal for an experienced operator or chef owner.
Critics describe it as “a welcome alternative to the Parramatta dining scene”.
Current owner seeks to sell due to family reasons.
Full information pack on request. Call today to see your new business.
#10791
Broker: Sean Wolrige
To complete an online confidentiality agreement visit this business at: http://www.linkbusiness.com.au/10791
THE PURCHASER TO MAKE THEIR 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 THEIR BEHALF.
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*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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