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Tapas Restaurant & Bar – Sydney North Shore For Sale

Sydney, New South Wales
Asking Price:
$190,000 (AUD)
Sales Revenue:
$432,000 (AUD)
Cash Flow:
Available on request

6 Days! Dinner only Tue – Sun, 5 pm – midnight. Est 2013. Lease till 2026 & $42 K rent. Great location with potential to open for lunch. Great fit out, would also lend itself to different cuisines.
This is an award winning business that has been established in Dec2013 and was designed as a bar & restaurant to maximise liquor sales profitability with a great ambience.
The fit outs are new with a complete kitchen and prime equipment all around and an excellent management system in place to control operations.

The business supplies the demand on the North Shore for quality eateries and the growing trend to eat small portions with different flavours and variety with “tapas”.
• Attractive Turn Over
• Very good rent and terms
• Best point in the North Shore
• Very professional and experienced team of employees
• Genuine and motivated seller is willing to train you and show all the secrets for its success, making the transition smooth and stress free

Property information

Real Estate:

Lease

Lease Terms:

Terminating Date: Apr 2022 + 4 years Option

Leasehold Rent:

$42,000 (AUD) per annum

Location:

Prime location and highly exposed with cars, buses and trains just around the corner. It is a very nice dining precinct with plenty of parking around.

Premises Details:

The fit outs are new with a complete kitchen and prime equipment all around and an excellent management system in place to control operations.

Business Operation

Reasons for selling:

The owners are planning their retirement and believe they need to sell the business on the “up”, so they have created a platform on which a hands-on operator can take it to a new level for a continuing and solid return.

Trading hours:

TUE – SUN 5:00pm – Midnight
MON: Closed

Employees:
Kitchen: 1 Head Chef, 1 Casual Cook and 1 Casual Dishwasher Front: 1 Floor Manager, 4 Casual Floor Staff including Bar Staff.
Years established:
Est 2013

Other Information

Support & training:

4 Weeks

Contact Information

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