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Fully Managed Licensed Restaurant Northern Beaches 35K revenue

Newport NSW, ID 286803

Fully Managed Licensed Restaurant Northern Beaches 35K revenue 1
Fully Managed Licensed Restaurant Northern Beaches 35K revenue 1
Asking price:
AUD$480 000
Owner
Private Person

Сontact with me Private Person

Description

Business type: licensed restaurant

Location: Sydney's Northern Beaches, New South Wales

Trading history: approximately 11 years

Weekly revenue: $25,000–$35,000, depending on season

Seating capacity: approximately 80

Operating model: fully managed

Business overview

Established licensed restaurant in Sydney's Northern Beaches, with experienced staff, operating systems and a loyal customer base.

The business benefits from strong summer and weekend trade, while the owner is primarily responsible for administration rather than daily operations.

Operations and financials

  • Weekly revenue: approximately $25,000–$35,000
  • Cost of goods: approximately 28% of revenue
  • Wages: approximately 30% of revenue
  • Base rent: $3,070 + GST per week
  • Secure 4 + 5 year lease
  • No trading restrictions

Premises and equipment

  • Approximately 80 customer seats
  • Liquor licence
  • Commercial kitchen with cool room
  • Grease trap and commercial ventilation
  • On-site amenities
  • No equipment finance

Growth opportunities

Potential to increase revenue and improve operational efficiency through more active owner involvement, particularly during peak summer periods.

The fitted premises also provide an opportunity to introduce a new hospitality concept.

Sale

Confidential sale. Business identity, exact location and further financial information available to qualified buyers following a Confidentiality Agreement.

Details

Real Estate: Lease
Asking price: 480 000 aud
Rent (per year): 36 840 aud

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