Restaurant-Cafe, Sydney Upper North Shore
Restaurant
ActiveFood & BeverageNew South WalesB2C
Asking price
~$1,215,000
est. from headline + $15,000 stock · AUD
Revenue
$3,900,000
TTM
Net Profit
$1,404,000
Implied multiple (assumed)
~0.9×
Assumed · headline + $15,000 stock
Brief
- Fully licensed café and restaurant at the entrance of a major shopping centre on Sydney's Upper North Shore
- Modern fit-out serving breakfast, lunch and dinner with an Asian-fusion and Western menu
- 56 indoor and 40 outdoor seats, liquor licence to 11:30pm
- Nine-year lease commenced March 2019
- Operates under full management with 12 full-time, 5 part-time and 6 casual staff
- Owner opening a new restaurant; business operates under a brand shared with two other Sydney venues
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