SELLING WAY BELOW EQUIPMENT COST - MAKE AN OFFER - BE QUICK

SOLD

98 Fitzroy St

Surry Hills NSW 2010

Food/Hospitality

BUSINESS FOR SALE

Phone enquiries - please quote property ID 18333

WALK IN WALK OUT



This established Western Fusion Cuisine Restaurant is everything a new Owner/Restaurateur would want: something completely set up with top quality equipment and fit-out, along with the opportunity to grow the existing business.

The current owner has chosen to trade evenings only with a huge opportunity to trade for lunches plus possible takeaway. The business is fully licenced even for day trade. There is also an additional opportunity to introduce coffee, lunch and takeaways,

The restaurant has a modern open kitchen environment with excellent equipment including:-

* Pass-through Dishwasher
* Separate Glass Dishwasher
* 3 door Bar Fridge
* 2 Benchtop Deep Fryers
* 4 Burner Stove
* 4 Burner Grill Top
* 1 Door Freezer
* 1 Door fridge
* 3 door fridge
* 5 Tray Combi Oven

The dining area accommodates 16 seats plus 4 bar seating for customers awaiting their table.

The premises are leased until September 2018 with further options. All necessary services are in place including a grease tap, appropriate exhaust and waste water, all council approved. It must be noted to set up such a restaurant with all the necessary requirements is extremely costly, making this an ideal opportunity to purchase a ready-made business.

Some other information:

Current rent is $4115.84, Lease ends next October with the option to extend another 3+3 years.

Outgoings are about $600 -$1k per month at the moment, at the busiest weeks, turnover was $3.5k - $4k per week, only for dinner trade.

The business has only been established for 18 months and the owner is challenged with running it as a sole owner. There is so much more potential! Owner is willing to consider all reasonable offers.

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