Bartercard Real Estate

160 seat Restaurant for sale

$348,000
20.11% Trade Component
AU$278,000 (Cash) | AU$70,000 (Trade)

Additional Information


Pinterest

121-133 Prairie Vale Rd, Bossley Park, NSW 2176, Australia

RESTAURANT & FUNCTION CENTRE - ITALIAN STYLE

Premises

  • Situated inside a Large Italian Club in the West of Sydney
  • New, elegant and stylish premises and an area of 350 sq.mts.

Features

  • Low rent includes all outgoings
  • Price includes $40,000 of equipment owned and serviced by the Club
  • On site car parking
  • Good social media presence
  • Captive market of club members
  • Unique opportunity - Profitable - Nothing to spend

 Employees

1 Manager + 3 full time + 6 casuals

Weekly Turnover

  • Sales takings $21,000
  • Cost of Goods $7,000
  • Gross Profit $14,000
  • Rent $800
  • Wages $7000
  • Telephone $80
  • Insurance $120
  • Miscellaneous $1600
  • Total Expenses $9600
  • Net Profit $4400

Estimated Stock (Additional) $5,000

Rental Information

Lease

  • $800 per week including all outgoings
  • will be extended to 2024 upon exchange

Additional Information

Trading Hours

4 days - Thurs - Sun 6pm until 10pm

+ Sun 12pm - 3pm

INCREASE TRADE BY OPENING 7 DAYS!


Property Features

Not applicable

Property Information

Category
Business
Building Size (Internal)
350 m2
Under Offer
No

Agent Details

Tony Rizzotto

Phone : 0418 166 667
Email : rizzottotony@gmail.com

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