Market Leading Manufacturer. $3.8M Profits
Sydney
Price: Refer to broker
Industrial Manufacturing
Turnover $15000 approx. per week
Great location in Potts Point
Currently under management
4am liquor licence for weekends
This business is currently a cafe and wine bar but it could be anything – a bistro restaurant, a wine bar, a small bar and or club.
For $159,000 plus a small amount of stock this is what you get:
Perfect position in Potts Point with great visibility on the main road with huge foot traffic.
A new owner would inherit a profitable business doing sales of approx. $15,000 PW
It is under FULL MANAGEMENT providing an opportunity to increase business with an owner operator.
They have acquired a very hard to obtain 4am primary service of alcohol license for weekends (midnight sun – thurs)
They invested 3 years ago $600,000 worth of the best fitout and equipment which is all included in the sale price.
It is a fully systemised business set up by an experienced operator who has set up similar businesses in prime positions across Sydney.
The owner is seeking to divest this business to focus on new business developments that he is working on.
There is outdoor seating until 12 midnight every night. Later than any other business in the area. Great long term lease in place.
I am excited by this business. I believe you will be too. Call me today for more information.
Liquor license, lease, sales data, rosters, & additional information on request
#853 10665
www.linkbusiness.com.au
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.
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