This established restaurant is currently run under management but would benefit from a present working owner to run front of house operations. Sales in the last financial year averaged over $22K per week and the business only trades 5 days a week currently.
The restaurant is located in a sought after Lower North Shore suburb and is surrounded by complementary businesses and retail stores. The front of the restaurant faces out onto a green space with a playground that draws a lot of the community to the area. The space is also used to host community events on a regular basis.
With 400+ parking spaces nearby there is no shortage of passing and local trade.
The opportunity here is to capitalise on the location, the existing design and set up and improve the profits by working hands on as an owner operator.
If you are looking for a stylish well-established venue that has a good top line and lots of upside this could be the one for you.
This opportunity is ideally suited to an experienced operator; if you are looking for a hands-off investment or your first business, this won’t be a good fit for you.
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Details
The 7×7 year lease commenced in 2020. 3% increases A Three month bond is required.
Premises Details
Approx. 116 square metres – Full commercial kitchen and an outdoor seating area.
Staff Details
The business is currently run by a manager, chef and casuals.
Opening Hours
5 days Weds and Thursday Dinner 5pm – 9pm
Friday and Saturday 12pm – 10pm
Sunday 12pm – 8.30pm
Opportunity
The current owner is not working in the business, a more present owner/operator would see an immediate improvement in both sales and profit.
The current trading hours could also easily be extended.
**Weekly**
Sales $22,000
