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This fully managed iconic restaurant serving Asian style cuisine is the ultimate investment opportunity. Established just over 20 years ago with only one owner, it is renowned throughout the greater Sydney area and frequented by many of Australia's top foodies.
Located in the heart of the Eastern Suburbs, this business is fully managed, highly profitable and will be very much sought after in the market, so enquire now before you miss out on this once in a lifetime opportunity.
Long term of 2+5 yrs
Indoor and outdoor seating
Multiple revenue streams via sit down dining, delivery / take away and bar
Established for over 20 years in the heart of the Eastern Suburbs
Great street positioning and loyal customer base
Active Database of over 6,000 people
Sub-Leased adjoining cafe with secure tenant
Cost of Goods: $ 482,394
Rent: $ 119,600
Expenses: $ 102,777
Wages incl Super: $447,606
Annual EBITDA/Net Profit: $ 204,006
Annual PEBITDA: $ 269,706
Lease: Ends on December 2025
Less Subleased Cafe: $52,000
Seating Capacity: 120 internal, 30 external
To fill out a confidentiality agreement on this business copy the following URL in your browser and follow the prompts https://www.vbaaustralia.com.au/post/busy-eastern-suburbs-restaurant-cafe
Or for further details contact Daniel Kogan.
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