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Business for sale in NSW , Sydney
Sydney Business Exchange
Broker Details: Sydney Business Exchange
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Restaurant serving European / Continental cuisine. Fully equipped kitchen in good condition with plenty of storage. Has been trading for over 30 years and successfully trading nights only and& closing for 1 month of each year for the last 11

 
Sellers Ref: (G1322)
Location: NSW - Sydney -East
Category: Restaurant
 
Financial summary
Asking Price: $85,000
Sales revenue: Undisclosed
Net profit: Undisclosed
Furniture/Fixtures value: Undisclosed
Inventory/Stock value: Undisclosed
 
Business description
Restaurant - East SBX Business Code: G1322 Restaurant serving European / Continental cuisine. Fully equipped kitchen in good condition with plenty of storage. Has been trading for over 30 years and successfully trading nights only and& closing for 1 month of each year for the last 11 years. Potential Upstairs 1 bd. residence with terrace could also convert to function area. Could open for lunches or could trade all day as a cafe and& a restaurant at night. Could easily convert to any other cuisine. Features Well known. Regular local customer base. Local Icon. Has appeared on Food Safari. Priced to sell. Premises This business is in a 2 storey terrace with upstairs residence if required. Location Situated on busy Eastern Suburbs main road on a prominent corner position. http://www.sbx.com.au/record_detail.php?code=G1322
 
General Information
Employees: 2 owners + 2 parttime kitchen staff and#38; 1.5 parttime wait staff.
Trading Hours:6 days - Tues. - Sun. - 5:30 p.m - 10:00 p.m
 
Other Information
Realocatable: 1
Reason Selling: Owners want to retire.
Lease Terms: 5 years + 5 year option (commenced May, 2009)