Licensed Restaurant in a Prime City Location – Pyrmont, NSW , , ,

Description

Turnover: $600K – Only 3 minutes walk to Darling Harbour!

Currently trading as Vrindavan Indian Restaurant, this long-established eatery is perfectly positioned to benefit from the thousands of tourists visiting Darling Harbour.

Able to seat up to 80 customers – and with no competition, this spacious restaurant would suit any cuisine.

Business Highlights:

  • Established 24 years with the current owner for 10 years
  • Annual Turnover: $600,000
  • Lease $6,927, 4+4
  • 110 m2 premises – able to seat 60-80 diners
  • Licensed to sell alcohol
  • List of Assets includes stove mounted ovens, dishwasher, split air conditioning, high pressure burner, full office set-up & more
  • Customers include local residents, office workers + tourists
  • Currently doing no marketing
  • Staffing: 2 F/T + 3-4 casuals, depending on needs
  • Flexible trading hours
  • 1 week training/handover
  • Website: vrindavan.com.au

Prior to COVID and International border closure the business would see 15,000 to 16,000 International tourists every year. Border re-opening will see the business return to its pre-COVID trading. The restaurant is well placed in a popular location with a strong reputation with big travel houses across the globe.

Already well set-up and established, this excellent investment would suit a restaurant or coffee shop operator who understands the hospitality industry. It could be run as-is or changed to suit the buyer – you choose!

Price: $150,000

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