Fully Managed Restaurant in Sydney's Northern Beaches for Sale
With approximately 80 seats, a liquor licence and strong weekly revenue, this is an established hospitality business with the team, systems and infrastructure already in place.
Trading is particularly strong across the summer months, with the Northern Beaches location benefiting from increased summer activity and strong weekend trade.
Highlights
- Revenue approximately $25,000-$35,000 per week (*winter vs summer*)
- Strong summer and weekend trade
- Fully managed day-to-day operation
- Owner primarily handles administration
- Approximately 80 seats
- Licensed premises
- Secure 4 + 5 year lease
- Base rent$3,070 + GST per week
- Cost of goods approximately 28%
- Wages approximately 30% of revenue
- Established approximately 11years
- Cool room, grease trap and commercial ventilation
- On-site amenities
- No equipment finance
- No restrictions on trade
Further Growth Potential
The business is already operating at substantial revenue levels without requiring the owner to be heavily involved in daily operations.
For an experienced hospitality operator prepared to take a more active role, there is potential to drive further revenue, improve operating efficiencies and capitalise on the stronger summer trading periods.
The existing premises, licence, equipment and established operation also provide a strong platform for a purchaser looking to introduce their own concept or build on what is already in place.
This is a genuine Northern Beaches hospitality business with scale, established turnover and further potential in the right hands.
Strictly confidential. Business identity, exact location and further financial information will only be released to qualified purchasers following completion of a confidentiality agreement.
Fully Managed Licensed Restaurant Northern Beaches 35K revenue
Newport NSW
Asking Price
$480,000
Revenue
Profit
Categories
Restaurant
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