PROFITABLE, REWARDING VENUE BUSINESS FOR URGENT SALE
Considering a cafe or restaurant? This business is easier to manage, more varied and rewarding and has genuine potential to grow nationally.
Sydney Venue is a vibrant, stylish venue with multiple uses. Brilliantly located in North Sydney CBD, this is a simple business model with multiple revenue streams. Currently operating at over 75% capacity on weekdays, we have established a loyal blue chip client base and strong repeat business, plus there is untapped potential for functions outside business hours
Profitable, enjoyable and people focused in a flourishing sector, there is real potential to exploit this market niche via national expansion (incl franchising).
The venue is easy to sell, manage, staff and grow, and with only 1 FTE manager plus casuals, so there are no staffing headaches. Ideal for a couple or two business partners looking for a change. All systems and suppliers are in place, training will be provided.
Sydney Venue is a unique space with outstanding visual appeal, meeting a wide range of unmet venue market needs. We are particularly popular within creative and learning fields but have wide appeal in provision of training facilities; corporate and private functions, plus catering and permanent tenant/s.
Fully fitted and beautifully furnished, space is 341sqm, with own entrance, exceptional signage, kitchen and bathroom facilities and an outdoor area. A pre negotiated 3 year rental lease - option is ready to sign.
The business is simple to market as it is a star performer on search engines – the name organically tops search engine lists on category keywords generating consistent website traffic at 3,858 page views and 35,000 keyword searches per month. The visual appeal of the space means we have a virtually 100% lead to sale conversion ratio.
Solid Turnover & EBIT:
- 2007 traded at $280,000, with potential to increase
- Net profit ebit $81,000
Lease obligation $130,000 PA, plus bank guarantee $55,000
This is an urgent sale for personal reasons and is priced below the original set up cost. With all the fixtures and fittings included you could walk in to this wonderful business and let your passion drive it to its potential dizzy heights.
Massive reduction to $145,000 including fittings.
Contact details:
Cate Richards 9492 8333
cate@sydneyvenue.com.au
Or email request via contact us
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