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Listing ID: 737860

Iconic Seafood Restaurant in Busy Sydney North Shore Business Precinct For Sale

Sydney, NSW, Australia

AU$ 205,000

(Furniture / Fixtures included)

Revenue: AU$ 1m to 5m

Cash Flow: AU$ 1m to 5m

Business Description

This restaurant has a renowned reputation for quality, great service and a reputation for friendly staff and professionalism of the highest caliber. It specializes in the freshest seafood served in a wonderfully congenial atmosphere. The restaurant is superbly presented and no further fit out or expense is required. It has a long established and loyal following, whether it is a dinner for 2, a family gathering or a corporate function, all can be catered to from a large commercial kitchen that has the capacity to produce a magical array of tempting dishes for an ever returning clientele.

This business has a long acquired reputation and has produced a solid income for the current owners who would now like to retire.

Lease: Till 2015 plus 1 x 5 year option
Rent: $2,100 per week plus GST
Seats: 90 in Restaurant, Bar: Approximately 12
Plenty of free parking
Currently Trading: Lunch: Monday to Friday, Dinner: Monday to Saturday

Property Details

Size:

Seating for approximately 85 guests.

Years Established:

30

Property Type:

Lease

Other Details

Business Location:

This is one of the only a la carte restaurant in the extremely well populated business precinct.

Premise Details:

It is an important center for business with the corporate prestige, close access to facilities and aesthetically pleasing environment are attractive for many corporations.

Operation Details

Employees:

4 In kitchen and 6 front of house.

Trading Hours:

Lunch: Monday - Friday Dinner: Monday to Saturday

Support & Training:

Owners prepared to train for a limited time - especially between exchange and settlement. If needed.

Miscellaneous

Reason For Selling:

Owners are retiring after 30 years operating this seafood restaurant.

Contact this seller

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