Restaurant - Greek Cuisine - Under Management - Greek cuisine - Inner West. - Takings $21,000 p.w.- Netting $5000 p.w. - G1783

Restaurant - Greek Cuisine - Under Management - Greek cuisine - Inner West. - Takings $21,000 p.w.- Netting $5000 p.w. - G1783

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

Petersham


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

--

EBITDA

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EBITDA multiplier

-x

About the business

Restaurant - Greek Cuisine - Under Management - Inner West - Agent SBX Code Number: G1783

Restaurant serving authentic traditional Greek Cuisine in the heart of a busy restaurant & cafe precinct in the Inner West. The meals are designed to share mezze style, they flow out from the kitchen sporadically rather than served as traditional entrees and mains. The kitchen serves up a modern take on Greek classics. - Fully licensed with an on premise license. - Fully equipped kitchen. - 55 seats inside and 40 alfresco / under cover seats outside.

Potential
Ideal for experience Greek owner operator to increase sales and reduce wages. - A new owner could easily trade 6 or 7 days per week. - Could open for lunch on Fridays & Weekends. - Could promote functions within the Greek community..

Features
Well established and well known Greek restaurant. - Great reputation. - Great location. - Great website. - Strong social media following. - Flexible indoor and outdoor seating arrangements. - Current Goggle Review at 4.7

Premises
This restaurant has an area of approx. 200 mts with a full commercial kitchen. The fit out & decor has a Greek Island / Mykonos vibe.

Location
Well located on a main road in the Inner West.

Trading Hours
5 days - Tuesday to Saturday 5 pm to 11 pm.

Lease
5 + 5 year lease commenced May 2021. - 3 months bond. - Annual Increases CPI.

Employees
1 Manager + 4 full timers + 7 casuals

Comments
Misc. - 1 - Other operational expenses. Please note - The managers wage has been taken out of wages and shown in net profit to assume that the purchaser will be an owner operator. Motivated vendor - staff are not aware of sale - please be discreet - A must to inspect. - Urgent sale- owner is willing to consider all offers.

Figures
Weekly Sales $21000
Rent (ex GST) $1490
Wages $7300
Profit $5098


Agent SBX Code Number: G1783 - SBX Business Brokers

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SBX Business Brokers is one of the largest business brokers in Australia servicing Sydney, Melbourne, Brisbane and the Gold Coast. With over 30 years of experience, you can be assured that SBX will provide you with a premium service.  

Headed by Colin Bennie and an extensive team of multi-lingual brokers, SBX will match the right business with the right buyer. Our team will personally take on each business and market it individually, as well as handle all of the details of meetings and inspections. SBX will assist you in understanding all of the legal requirements, rental bonds, insurance and other requirements that may relate to selling or purchasing a business in Australia.

 

SBX sells all manner of businesses from small owner-operator businesses to franchises and multi-million dollar businesses.

 

To find out more about how SBX Business Brokers can assist you, simply register online or contact the office.

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