Restaurant - European Cuisine - Takeaway - Steakhouse - SFD1067

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$325,000

Description

Steakhouse and European restaurant presenting a rare opportunity for investors, restaurateurs, and hospitality professionals. This beautifully designed restaurant is perfect for any occasion, whether it's a family gathering, a night out with friends, or a romantic dinner for two. The restaurant has full kitchen, dishwasher, cool room, two store rooms. Premises also equipped with bar, three aircons and can accommodate 60 seats. This restaurant has also received regular industry awards like : Restaurant & Catering Hostplus finalist for 2023, Open table Diners Choice 2024 & AGFG Readers Choice.

Potential

This boutique restaurant has the potential to change into any cuisine. - Excellent opportunity for experienced chefs looking to showcase their culinary skills and start there own. Opportunity to expand trading hours to include breakfast and lunch services, and operate for seven days to increase the sales.

Features

Prime location - Unique ambiance and offering: -Warm and inviting atmosphere, perfect for intimate dinners or special occasions. - Service bar for drink preparation, adding to the overall dining experience. - Loyal regular clientele - Excellent reputation and high rated reviews from google and Open Table.

Premises

This restaurant has a warm and inviting atmosphere with its rustic wooden tables, wooden-look tiles, and soft inspired decor with an area of 153 sq.mts. The restaurant exudes a cozy and intimate ambiance with an open kitchen showing culinary magic as skilled chefs prepare the meal with passion and precision.

Location

Situated in the heart of the Hills District. on the main road with high visibility and very good foot traffic.

Trading Hours

5 days - Wednesday to Sunday: 5:30 pm to 10:00 pm.

Lease

Current lease expires in January 2028 + 3 years option + 3 months bond - 3% rent increases per annum

Employees

1 owner + 2 full timers + 1 part timer + 3 casuals

Comments

Misc.- 1 - Staff super contribution. - Misc.- 2 - Other general expenses - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site - A must to inspect but please be discreet.

SBX ID

SFD1067

Figures
  • Takings: $19947/week (GST)
  • Cost of Goods: $5595
  • Gross Profit: $14352
  • Rent: $1520
  • Wages: $6454
  • Outgoings: $408
  • Telephone: $25
  • Insurance: $126
  • Electricity: $250
  • Gas: $375
  • Misc 1: $742
  • Misc2: $1149
  • Total Expenses: $11049
  • Nett Profit: $3303
  • Estimated Stock (Additional): $20000
  • All other values ex GST
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