BUSINESS


Kirribilli

HERCULEAN KIRRIBILLI EATERY

  • BOOMING location
  • Licensed restaurant
  • Full kitchen, grease trap & exhaust

Absolute prime location on a major 'eat street', located opposite the train station and the Harbour Bridge. This licensed restaurant serves woodfired pizzas, pastas, salads, schnitzels and steaks. The establishment offers dine-in, take-away and delivery and is frequented by both locals, visitors and customers from neighbouring suburbs. Extensive ordering through UberEATS, Menulog and Deliveroo. This business is HOT, and any purchaser will benefit from a long established and ROARING trade!!!

Weekly Takings: $30,000
GST: $2,727pw (10%)
Cost of Goods: $5,755pw (21%)
Gross Profit: $21,518pw (79%)
Rent: $2,763pw (10%)
Outgoings: $200pw (0.7%)
Wages: $8,580pw (31%)
Telephone: $15pw (0.1%)
Insurance: $85pw (0.3%)
Electricity: $240pw (0.9%)
Gas: $180pw (0.7%)
Operating cost: $3,370pw (12%)
Total Expenses: $15,433pw (57%)
Net Profit: $6,085pw (22%)

IMMENSELY Popular, HIGHLY Successful and HUGELY Profitable!!!

Run under full management with an excellent team in place.

Full commercial kitchen with walk-in cool room and woodfire oven.

20 seat establishment with rolling covers - Licensed premises.

Located in the thick of an array of successful food businesses, office buildings, high density residential, schools and the busy train station - HIGH foot traffic!!!

Very well established business (2009) - TOP QUALITY fit out - LONG secure lease.

Fantastic opportunity to own an established and extremely successful business with plenty of room for growth; an owner operator could also save on wages and increase sales and profitability.

Potential to DO catering + Potential to ADD breakfast.

Trading 7 days - 11:30am to 9:30pm (Delivery 5pm - 9:30pm).

Under FULL management 7 Kitchen staff, 5 Floor staff and 6 Delivery drivers (3 full-time, 15 casual)

Current lease expires May 2021 + one (1) further option of five (5) years (until 2026)

C.P.I. increases p.a - 3 months rental bond required for security.

This is a fantastic opportunity for a chef/front of house operator team with the added bonus that the business can run under total management.

Outstanding business opportunity that has built a loyal and regular customer base and has very consistent sales over a sustained period.

MASSES of tourists also frequent the strip, and the business is SUPER busy during NYE, VIVID, public holidays and sport events etc.

Large social media presence * Highly reviewed!!!

Call Barn on 0488 022 122

Note: All building and land areas quoted are approximate; prospective purchasers and tenants must make their own enquiries. All sale prices and asking rentals DO NOT include GST.


KEY INFORMATION

For Lease
Property ID: 5374284
Retail: 65 sqm Approx.
Total Area: 65 sqm Approx.
Availability: Now

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CONTACT DETAILS

Clearpoint Retail