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Restaurant - Mexican Cuisine - Functions - Under Management - Restaurant - Mexican - Magnificent Presentation - Under Management - SFG1088

Restaurant - Mexican Cuisine - Functions - Under Management - Restaurant - Mexican - Magnificent Presentation - Under Management - SFG1088

Preview Listing

Location Details :

Country

Australia

State

New South Wales

City

--


Industry :
Food/Hospitality - Restaurant ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

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About the business

Restaurant - Mexican Cuisine - Functions - Under Management - Western Suburbs - Agent SBX Code Number: SFG1088

Restaurant - Mexican - family and group destination. This 18 month old Mexican Ozmex restaurant built with passion, taste and flair and would not be bettered as to presentation across the whole of Sydney. Patrons cannot help to be impressed with the visual appeal of the vibrant and colourful environment that the owner has developed in the appealing Mexican theme. Designed to be enjoyed, fully licensed and seating up to 160 in different areas this venue is regularly packed out as the takings indicate. Brand new full kitchen, excellent seating and attractive bar area add to the amenity.

Potential
Business remains in growth phase so organic growth is ensured. Develop loyalty scheme. Further enhance Facebook and instagram. Suits food and hospitality investors or owner operators

Features
Great location. Brilliant near new shopfit. Spacious with separate areas. Licensed and good alcohol range. Simple food to prepare with good margins. Great for functions and larger groups. Very difficult to replicate. Business in growth phase. Good reputation and strong word of mouth referrals. Run under management.

Premises
Free standing spacious premises featuring a near new total shopfit with indoor and covered alfresco seating excellent bar and kitchen totalling 350 sq. mts.

Location
Superbly located adjacent to a large shopping centre and a major sporting hub with unlimited parking in outer Western Sydney.

Trading Hours
5 days. - Wednesday & Thursday 5 pm to 10 pm. Friday 5 pm to 12 am. Saturday 12 pm to 12 am. Sunday 12 pm to 10 pm

Lease
Current lease through to March 2026. 5% annual increases and 3 month bank guarantee.

Employees
1 fulltime manager + 4 full time staff and around 27 casuals.

Comments
Possibly the standout Mexican restaurant in Sydney fully suitable for investors or owner operators alike. Under management from day one, this high turnover and profitable family favourite is still in its infancy in a growing area. Astute and passionate ownership has developed a highly appealing restaurant replete with many interesting decorative touches featuring a good floor plan and high quality equipment. The original investment in the vicinity of $250k gets the new owners off to a flying start with absolutely no money to spend as the facility is near new with impeccable presenatation. Very reasonably priced and all those inspecting will be impressed. Full POS records will be available to genuine inquirers. Inspections only available through the broker and strictest confidentiality must be maintained. - 2 page confidentiality is also required to be signed. - Misc.- 1 - sundry expenses and GST

Figures
Weekly Sales $21000
Rent (ex GST) $2884
Wages $6000
Profit $4661


Agent SBX Code Number: SFG1088 - 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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