Looking for an exciting opportunity to own a thriving hospitality business? Look no further!
This highly regarded and profitable restaurant is now available for sale, offering an excellent chance for a hospitality professional to take it to the next level.
This restaurant boasts impressive monthly profits of circa $100,000 p.a. (FY24) despite the owner living interstate and not being actively involved in the business.
Located in a prime position with high foot traffic, this successful restaurant boasts a lively and fun atmosphere within an industrial yet vibrant setting, providing a truly unique dining experience for its customers.
The business has a strong online/social media presence, showcasing its delicious food and easily identifiable brand, providing a strong foundation for continued growth and expansion.
The business has numerous opportunities for growth, including extending opening hours and expanding catering and delivery services. Currently trading only 6 days per week for dinner, the business has a significant opportunity to increase its revenue / net profit by extending its operating days to 7 days a week and offering lunchtime trade.
The restaurant has a highly experienced and dedicated team in place, ensuring a seamless transition of ownership and continued success for the new owner.
Features
Successfully run under management (owner lives interstate)
Averaging revenue of $16,733 per week (FY24)
Excellent reputation and online presence
Highly experienced and dedicated team
Desirable location
Growth opportunities
FY24 Financial Summary
Net Revenue: $870,000
Cost of Goods: $307,520
Gross Profit: $562,614
Adjusted Expenses: $476,477
EBITDA/Net Profit: $100,464
To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts https://www.mybizsale.com.au/post/2500-000-sav-under-management-sydney-restaurant
Or for further details contact the team at MyBizSale on 1300 692 497 or
www.mybizsale.com.au
