Highly Profitable Returant For Sales in North Sydney Region

Cafe/Coffee Shop Catering Restaurant Takeaway Food
PENNANT HILLS

The restaurant currently serves Middle Eastern, Indian, and Pakistani cuisine and is located in one of the most significant regions of the North Sydney region.

• Current turnover exceeding $24,000 per week, EFTOPS $18K, Online $3k and cash $3k
• Currently run under management with minimal contact hours per week by owner.
• Long trading history and current lease will expire in February 2029 with potential to renewal
• Weekly rent: $1800 Plus GST/Outgoings, which is 7.5% of average turnover only
• Currently trading as Halal, but with the option to apply for liquor license if necessary
• Six days of operation from10 am to 3 pm and 5 pm to 9 pm, only 51hours weekly
• Full commercial kitchen, Basement storage and so on
• Current seating capacity is 55, including 40 upstairs, where can accommodate private function
• Immaculate Presentation, Reputation and Reviews
• Nothing to spend on this very well established, modern and on trend fit out throughout the restaurant

Rare opportunity—highly recommended

Business Financials

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Summary

  • Listing ID SBB2024
  • Status For Sale
  • Location PENNANT HILLS
  • State New South Wales
  • Price $349,000

Contact Broker

Sudip Dhakal
Sudip Dhakal

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