Business For Sale - Modern Restaurant - Liquor Licensed - $400k Fit-Out

Leichhardt, NSW

Food/Hospitality / Restaurant, Takeaway Food, Alcohol/Liquor
$299,000 + Sav
Listing ID1763163

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An established liquor licensed restaurant based in the heart of Leichhardt with an immaculate $400k fit-out, less than 12 months old.

Location Details
This business is ideally located in Leichardt and is a quick walk from all major public transport and boasts a huge car park opposite the restaurant with free parking.

Potential
Despite the restaurants continued growth, there is stillroom for improvement with untapped revenue streams ready to go such as a local takeaway/delivery service and catering.

The site can additionally be utilized as a function centre or a bar with ample seating and inclusions. This will maximise the liquor license and take advantage of further night trade.

Skills
All cooking & management is in place to continue running the business as is.

Hours
Currently open 5pm - 10pm, although can be run all-day as liquor license is authorized till 12am midnight every day.

Lease
3 years remaining with an option to extend for 4 years.

Employees
1x PT Owner
2x PT Chefs
2x PT Kitchen hands
5x Casual wait staff

About the Business
This is an exceptional example of a successful restaurant that ticks all the boxes. The owners have operated this business meticulously and have been fortunate to benefit from such a lively area.

The current owners have only been running this business for 10 months and have achieved a constant upswing in profits with trends continuing upward.

The restaurant's prime location directly contributes to the impressive success of the business. The suburb has a booming nightlife with scheduled festivals and all forms of major public transport.

A few great facts about this restaurant:
- Separate Dining & Bar Area
- Business has a Website and Facebook with glowing reviews
- Premium Fitted Equipment & Kitchen
- Liquor Licensed
- Immaculate $400k Fit-Out Using the Finest Quality Materials
- Untapped revenue streams in place
- All store fittings, fixtures and equipment included.

Opportunities like this do not come around every day. Here today, gone tomorrow!


For more information on this opportunity, please contact the undersigned:

Douglas Aiken
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0433 196 339 T: 1800 858 696 E: douglas.aiken@raywhite.com

For further information about the business, please create your profile on www.rwbs.com.au and complete our online confidentiality agreement. Use the reference number 1763163 provided above to easily find your listing of interest on our website.

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owners salaries, directors benefits, personal expenses, non recurring expenses, one off expenses, capital costs, depreciation and generally any costs relevant to the current owners.