Restaurant Food/Hospitality Business for Sale

Sydney 

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    Restaurant Food/Hospitality Business for Sale in Sydney

    High End Established French Restaurant - Stunning Location - Assets and Fit Out Sale

      On offer are the assets, equipment and fit out of this beautiful French Bistrot style restaurant. The fully functioning business is located in a stunningly renovated warehouse in inner-city Sydney.

      Location
      The business is located in Sydney's inner city area, in a heritage renovated warehouse, fully fitted with the highest quality fittings and fixtures, furniture and equipment. The local area is currently booming, experiencing significant residential growth.

      Potential
      The premises and fittings will impress any potential purchaser. The new owner can choose to operate the business in its existing structure, or may want to move forward with a new brand and fresh menu.

      There is also the added benefit of the business being in possession of an on-premises liquor license for the sale and consumption of alcohol until late, 7 days per week.

      Lease
      - 5 year lease; Expiry 30th November 2020
      - Additional 2 x 5 year option

      Employees
      Under management, the business currently employs around 10 staff including the owners, full-time employees the assistant manager and head chef, as well as a variety of casual employees.

      About the Business
      Established in 2015 by the current owners, this business takes advantage of its stunning location in Sydney's inner city, with the premises boasting a position in a heritage, renovated warehouse, with large windows and high ceilings. The stunning fit out is completed to a very high standard, with premium fixtures, furniture, and equipment throughout. The approximate cost of the fit out is in excess of $1,000,000 and will impress any potential purchaser.

      The new owner could take on the business in its existing form, continuing the business's ethos and approach to food, paying homage to the current owner's French roots, using family recipes to capture the Parisian spirit. Alternatively, the new owner could rebrand the business, moving in a new direction with a fresh brand and exciting new menu. The options are many and varied.

      Key Points:

      • Well-deserved exceptional reputation in the local area and greater Sydney
      • High-end fixtures, fittings, furniture and equipment
      • Fully liquor licensed and currently holding an extended license allowing the service of alcohol until late, 7days per week
      • All kitchen equipment and fittings and fixtures are included

      This is a rare opportunity to take advantage of the hard work already done, resulting in stunning premises, high-quality assets and fixtures. Must be seen to fully appreciate.

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

      Paul Smith
      Business Sales Specialist | Business Sales Sydney
      Ray White Business Sales, Corporate Business Sales & Acquisitions
      M: 0420 550 433 T: 1800 858 696 E: p.smith@raywhite.com

      For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1882525 to search for the business.

      Disclaimer:
      Due to the confidential nature of the sale, images used may be 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, owners salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

      Categories:

      Restaurant, Cafe/Coffee Shop

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