Very Profitable Restaurant/Bar for Sale - Investment Grade
Summary
Once in a lifetime chance to own an incredibly successful bar/restaurant in a prime location in a booming area of South West Sydney - Recession and Inflation will have minimal to zero impact on the demographics of this area!
YOU ARE NOT GOING to believe how profitable this business is until you SEE IT!
Here are the numbers -
54k Average Turnover Per Week Million revenue per annum
$2320 Rent Per Week (less than 5% of Revenue!!!)
$11000 Per Week Wages (Under 20% - This is NOT a misprint or miscalculation!!!)
$12500 Per Week Cost of Goods
THIS IS THE ONE FOR PEOPLE WHO WANT TO MAKE MONEY!!
You seriously will not find another hospitality business on the market with a bottom line better than this!
Well-established, fully-licensed venue and owner has spent over 1 million on the spectacular fitout to make it the go-to destination for locals and visitors alike.
- Currently only opens 6 nights with 1 lunch
- Already impressive performance but still plenty of areas left for growth and has not reached it's peak
- Long lease in place with options up to 2032
- The current owner has spent the last two years ensuring the business can run without he's active involvement so will guarantee smooth transition
This is one opportunity that you cannot afford to miss!
CONTACT AGENT Steven Ung on 0427 978 477
steven.ung@networkinfinity.com.au
$1,290,000
Industry:
Food/Hospitality
Sub Industry:
Cafe/Coffee Shop
Location:
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