Restaurant for Sale Northern Sydney

Why buy this Restaurant Business

Restaurant for Sale Northern Sydney Asking: $349,000

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