Ref: 2926, Restaurant/ Bar, City Fringe

Ref: 2926, Restaurant/ Bar, City Fringe
308A Kingsgrove Road
For Sale AU$420,000 - Bar & Grill, Restaurant, Take away
2926

** Nothing to spend on this little beauty **
Huge street exposure with outdoor seating on footpath in the best restaurant/bar precinct.
Total expenses $6,800-$7,300. Full liquor license until midnight. The fit out is second to none, the best, with all high-quality equipment.
You can extend the trading hours to include Monday as well as lunch times. This area suits all types of cuisines (you can change to Japanese if you like).
it comes with 3 parking spaces, included in rent.
Turn over prior to covid was $20,000 per week.

TURNOVER: $12,000 – $13,000
PROFIT: $2,800
LEASE: 3 + 3 Years
RENT: $ 1,523 including GST
WAGES: $2,100
STAFF: 6 Casual, 1 owner – works short hours
TRADING: Tuesday – Sunday 6pm – 12am, Nights only

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