Food/Hospitality for Sale at
Darlinghurst, NSW

$495,000

Contact the Agent

Restaurant for Sale - Strong Profits - Liquor Licensed - Loyal Clientele

Summary:
Amazing opportunity to take over an extremely profitable casual dining restaurant trading limited hours and considered the leader in its category.

Location Details:
Located in Darlinghurst, this funky hangout spot attracts patrons from all over Sydney to sample its delicious and authentic cuisine.

Potential:
The potential for growth is enormous. The business is already well established with a substantial profit base in place.

Skills:
This restaurant is currently run under management so the new owner does not need any skills other than a drive to continue the growth and promotion of the business.

Hours:
Monday to Friday: 6 PM - 10 PM
Saturday to Sunday: 12 PM - LATE

Employees:
2 x Full-Time Chefs
1 x Full-Time Bar Manager
6 x Casual Staff

The reason for sale:
The owner is moving onto a new opportunity and is looking for someone to take on this original concept and continue its growth

About the Business:
Opportunities like this do not come around very often. This casual dining restaurant with an On-Premise Liquor Licence is leading the way in the fresh Mexican food category.

A truly authentic experience is what this restaurant has been delivering. The Head Chef has created culinary magic for over 30 years and has brought his love for Mexican food to Sydney.

The business has built multiple revenue streams through Uber Eats, Foodora and Deliveroo as well as having a strong base of catering clients. This has increased the exposure and sales of the business which is ready for a new owner to continue growing.

Currently the restaurant trades limited hours in the evenings, the new owner has the opportunity to increase trading hours. More exciting than that is the impressive growth which the restaurant is enjoying through the use of Deliveroo, Foodora and Uber Eats, currently the delivery portion of the business accounts for approximately 30% of total revenue. Combine this with the lucrative catering aspect of the business and you can't deny the restaurants bright future.
Sydney-siders are raving about this place.

A few great facts about this business:

- Leader in its category
- Revenue streams from Uber Eats, Foodora and Deliveroo
- Restaurant is Liquor licensed
- Website and social media presence in place

For more information on this opportunity, please contact the undersigned:

Paul Smith
Business Sales Specialist
M: 0420 550 433 E: p.smith@raywhite.com

Or

Fred Pose
Business Sales Specialist
M: 0410 622 293 E: fred.pose@raywhite.com

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Darlinghurst NSW 2010 AUS

Agent Reviews

Nick Porter- Sydney

Paul Smith, from Ray White Business Sales, is a hard-working, professional and successful agent. We found working with Paul easy as he was not only professional in business dealings but was open in his communication style and always happy to answer any questions we may have. We had listed our business with a previous agent for 6 months and Paul sold it in 7days as he was able to quickly identify and introduce the right buyer for our business. We couldn't recommended a better business agent and have already recommended him to our friends!

Buyer - Name Witheld- Sydney

Dear Paul, I would like to take this opportunity to thank you and the Ray White business team for the fabulous work you did in finding a business for my business partner and I. We have been looking for a café/restaurant business for almost twelve months now. We were in no hurry to purchase as we wanted to find just the right business for us. We specifically instructed you not to contact us unless you had an exciting business. Well, you more than honoured our instructions to you. Less than 24 hours ago you contacted us to inform us about a fabulous café/restaurant in the eastern suburbs. We met this morning and the deal is now sealed with deposits paid and accepted by the vendor. The business surpasses our wildest dreams. We are now the proud new owners of a fabulous café/restaurant. I couldn’t recommend you and the Ray White Business Sales team highly enough.