High Turnover Restaurant Sydney CBD
About this business for saleHigh 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.
Phone: + 61 2 9899 1999
To complete an online confidentiality agreement visit this business at:
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.