Restaurant – Cafe – Takeaway

For Sale

·
North West Sydney

Business Code: SS1002

$99,000
+ Estimated Stock (SAV) $5000
Key Features: Beautiful bar with quality top-shelf wine options. - Spacious and roomy premises with a clean commercial kitchen, - Excellent reviews and a long-established brand. - Prime location - . Private party/function room for up to 20 guests. - Amazing food, coffee and overall ambience.
State: NSW
Suburb: Dural
Location: Situated in Sydney’s desirable Hills District, the business benefits from a quality local catchment, strong surrounding demographics and a well-heeled customer base. The area supports both daytime cafe trade and evening dining.
Premises: Well-presented licensed premises with full commercial kitchen, bar, quality fit-out, indoor dining, protected alfresco area and private function space.

Owners have another restaurant on the Central Coast and want to focus on that.

Sale Reason

2018

Established

2 car spaces (in lease) with plenty of free parking nearby for staff and customers.

Parking

2 full time chefs + 3 casual staff

Employees

6 days - Tuesday to Thursday: 5 pm to 9 pm. Friday to Sunday: 12 pm to 3 pm and 5 pm to 9 pm. Mondays closed.

Trading Hours

Current lease expires January 2028 + 5 years option - 6 month bond but no personal guarantee required - CPI annual rental increases

Lease

Cafe / restaurant with a modern Mediterranean flavour, mainly focusing on Italian cuisine. This highly regarded eatery perfectly combines an upmarket daytime cafe with an enticing dinner destination and small function venue. An outstanding Google rating of 4.7 underscores its enviable reputation. High average customer spend. Quality upmarket rotating menus are featured for lunch and evening dinner sessions, including handmade pasta, gnocchi, seafood, antipasto, premium mains and quality desserts. A cosy ambience and well-stocked bar complement the intimate dining area and provides a contrast to the protected alfresco area outside. -Quality restaurant fit-out, intimate lighting and fantastic ambience. A quality eatery in a lovely area of Sydney with a well-heeled clientele. – Fully licensed, seating approx.100 people, with 80 seats inside and 20 seats outside. The facility is well suited to private functions.

Features

Beautiful bar with quality top-shelf wine options. - Spacious and roomy premises with a clean commercial kitchen, - Excellent reviews and a long-established brand. - Prime location - . Private party/function room for up to 20 guests. - Amazing food, coffee and overall ambience.

Potential

Extend trading hours to include breakfast/brunch, grow catering and private function bookings, utilise the private room more actively, add weekend live music and leverage the licensed trading hours to expand evening trade.

Comments

Rare opportunity to purchase a quality, well-regarded and established eatery with a strong following, excellent online reviews and consistent weekly profits. There is plenty of opportunity to extend trading hours, add live music, introduce selected new menu items, grow functions and catering, and expand breakfast or later evening trade, especially with the licence allowing trade until midnight on Friday and Saturday.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$10000
Cost of Goods
$3000
Gross Profit
$7000
Rent
$1700
Wages
$2500
Telephone
$22
Insurance
$45
Electricity
$100
Misc 1
$100
Total Expenses
$4547
Estimated Stock
(Additional)
$5000
Equipment
(Included)
$100000
Net Profit
$2453
Price
$99,000
+ Estimated Stock (SAV) $5000
Price
$99,000
+ Estimated Stock (SAV) $5000
Contact Us

Featured Businesses For Sale

  • Supermarket – Retail – Asian Groceries

    North West Sydney

    NSW

    Net Profit: $4000

    Code: FN1354

    $240,000

  • Cards – Gifts – Retail – Online – Stock Included

    Upper North Shore

    NSW

    Code: SFD1088

    $55,000

Related Businesses For Sale

  • Cafe – Restaurant – Functions – Indian Fusion Dining

    Lower North Shore

    NSW

    Net Profit: $2950

    Code: F3508

    $198,000

  • Restaurant – Japanese Cuisine – Takeaway

    Sydney CBD

    NSW

    Net Profit: $8000

    Code: FN1375

    $350,000

  • Cafe – Restaurant – Under Management

    Upper North Shore

    NSW

    Net Profit: $2905

    Code: CB1543

    $125,000

  • Cafe – Restaurant

    West Sydney

    NSW

    Net Profit: $4907

    Code: AD1002

    $450,000

  • Restaurant – Korean Noodle House – Takeaway

    Upper North Shore

    NSW

    Net Profit: $4059

    Code: W2006

    $120,000

  • Restaurant – Japanese BBQ Dining

    City Fringe

    NSW

    Net Profit: $4697

    Code: W2012

    $390,000