Prestigious Restaurant And Bar 120 Seater 5 Days Prime City Location Sydney

An extraordinary opportunity awaits to take over a stunning up-market restaurant and bar, ideally located in the heart of the city.
Set across two levels, this beautifully designed venue features aspacious restaurant with seating for up to 120 patrons and an upstairs bar and function area with a vibrant atmosphere. The elegant fit-out is complemented by a fully equipped expansive chefs commercial A-grade show kitchen, ensuring a seamless operation for any experienced operator.
Business Highlights:
* Two-level venue with restaurant and function bar.
* Elegant, high-quality fit-out throughout.
* Seating capacity of approx. 120 pax.
* Fully equipped commercial kitchen, open plan design.
* Upstairs bar/function space perfect for events and social gatherings.
* Trading only five days with scope to extend hours to open Monday and Sundays.
* Extended, secure lease in place.
* All outgoings inclusive (air conditioning, rubbish removal, grease trap service).

This is the perfect setting for business luncheons, after-work drinks, and evening dining, with outstanding potential to expand into Sunday brunches or extended trading hours.
A rare opportunity for a fresh operator to take the reins of one of the city's most stylish hospitality spaces.

Current Trading Snapshot
* Open Tuesday to Friday Lunch - and Tuesday to Saturday Dinner
* Trading 5 days, lunches and dinners, closed Sunday and Monday.

Weekly Summary (approx., incl. GST unless stated otherwise)
* Takings: $35K - $40K ($50K to $70K in December)
* Cost of Goods: 32 - 34%
* Rent: $6900
* Outgoings and rubbish included in rent
* Staff wages: $10,000
* Owner wages: $3000
* Electricity: $800
* Gas: $600
CONTACT AGENT Angelo Fournaris

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Disclaimer
The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity and the agent/broker does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative of the actual business or it's products.

For more details, please email broker or call agents.