Link Business

High Turnover Restaurant Sydney CBD

$460,000Sydney CBDListing: #NSW08695

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$460,000


$445,609


$1,800,000


Sydney CBD businesses for sale 

Sydney

New South Wales

Food/Hospitality businesses for sale
Restaurant businesses for sale, Sydney CBD


About this business for sale

High Turnover Restaurant Sydney CBD
  • Situated in one of Sydney’s key tourist and business areas.
  • Ideal for Investors with strong profit and turnover.
  • Long lease to September 2023 with plenty of seating 130 plus for the lunchtime / evening rush.
  • Fully equipped Kitchen nothing to do as the vendor has maintained a stylish look, design and feel in this establishment.
  • Original cost to build 1 million
  • Current return to owners $445,609 (PEBITDA) based on 2017 Jan to Dec.
  • Well established and regular client base and currently run under management.
  • One full time manager and one head Chef.
  • Vendor will provide a smooth transition with Introduction to customer base and support for a period to assist.
  • Very rare opportunity so don’t miss out.

            Financials / Till readings / BAS available for review.

 

 

Ref: NSW08695
Mark Scott
Phone: + 61 2 9899 1999
Mobile: 61-447-219-799
Email: mark.scott@linkbusiness.com.au

To complete an online confidentiality agreement visit this business at: 
http://www.linkbusiness.com.au/NSW08695 

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

Sydney
mark.scott@linkbusiness.com.au
+ 61 2 9899 1999
+61 447 219 799

Mark Scott

Enquire Now

*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.