Well Established Indian Restaurant in Northwest Sydney

A long-established, under management restaurant located in Northwest Sydney is now available for sale. With a trading history spanning 18 years, this restaurant boasts a full commercial kitchen and holds a full liquor license.

About the Business:
* Prime Location: Situated in a busiest  area of Northwest Sydney.
* Lease Details: Current lease expires in February 2026 with a 5-year renewal option, featuring only a 2.5% annual increase.
* Revenue: Generating a weekly revenue of $20,000 with a net profit of $3,500.
* Rent: Enjoying reasonable rent at only $1,800 per week.
* Seating Capacity: Indoor seating for 70 patrons and outdoor seating for 60, with potential for expansion.
* Vendor Motivation: The vendor is eager to sell due to retirement.
* Expansion Opportunities: There is potential to extend current trading hours, introduce a catering menu, and convert the space into a party venue.

 

This Indian restaurant presents an excellent opportunity for investors or entrepreneurs looking to enter or expand in the restaurant industry. With its established reputation, loyal customer base, and potential for growth, it's an opportunity not to be missed.

Listing ID: NSW11286

Broker: Sudip Dhakal
Phone: xxxxx
Email:  sudip.xxxxx

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Ref: NSW11286
Ref: NSW11286
Timestamp: 2024xxxxx