Steak And Ribs Restaurant, Sydney Entertainment Destination!Listing: #NSW08552
About this Business for sale in Western SydneySteak And Ribs Restaurant, Sydney Entertainment Destination!
Located in one of Sydney's major entertainment destinations, this family favourite restaurant has been established for more than 14 years and would make a remarkable investment for someone looking to take over one of Sydney's most loved steak houses! With over 29 thousand visitors per week, this restaurant is located in one of Sydney’s most popular recreational clubs with over 16,000 members.
Features of this opportunity include:
- Impressive turnover over $3 million
- Strong profits and returns
- Long and secure lease
- Over a thousand new residences currently being developed in the area
- Huge infrastructural investment around the restaurant
- Operating 7 days for Lunch and Dinner
- Run completely under management
- Recently renovated with a $1,500,000 fitout
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 Ref: #NSW08552
Broker: Paul Helliwell
Mobile: 0419 015 046
To complete an online Confidentiality Agreement visit this business at: http://www.linkbusiness.com.au/NSW08552
The purchaser to make his/her own investigations and enquiries in relation to the business and not rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
+61 2 9899 1999
+61 419 015 046
*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.