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Retaurant - Bar -Vietnamese Cuisine - Profit $12,000 Pw - Sales $35,000 Pw - Great Location - Profit Chatswood Area Nsw For Sale

Sydney, New South Wales, Australia
Asking Price:
$580,000 (AUD)
Sales Revenue:
$1,820,000 (AUD)
Cash Flow:
$624,000 (AUD)

Restaurant & wine bar serving modern Vietnamese cuisine. - The restaurant is fully licensed and has indoor and outdoor seating for 150 seats. - Brand new premium fit out. - Full open commercial kitchen with cool room facing the main dining room. - Stunning Wine Bar counter fitted with latest WiFi POS system. - High ceilings throughout the restaurant with large storage.Wide frontage.

Potential
To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week

Features
Little competition for this style of cuisine. - High profit margins. - Long lease. - Low rent for the size and location of the business. - Hot location.

Premises
Very warm and modern design with selected rustic recycled timber and an area of 200 sq. mts.

Location
Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Trading Hours
7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.

Lease
10 + 10 year lease from July, 2015 - fixed 3 % increases p.a. - 3 months bond

Employees
2 working owners + 11 rotating casuals .

Comments

Property Information

Location:

Best location in the area surrounded by shopping mall, hotels, library and entertainment centre.

Business Operation

Expansion Potential:

To do more marketing in local area and office. - Open more hours. - Huge potential for dynamic operator and could reach $50,000 per week

Trading hours:

7 days - 11.30 a.m. to 2.30 p.m. and 5.30 p.m. to 9.30 p.m.

Employees:
2 working owners + 11 rotating casuals .
Years established:
7.2015

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