The restaurant is located in the heart of the CBD, serving Breakfast, Lunch and Din-ner, coffee and bar service to mostly shoppers, office workers and residents of the numerous apartments coming on stream in the inner city. Food and Beverage split is 60/40.
After only 9 months with the present owners the business has yet to break even.
The establishment has only recently extended hours beyond 6pm so the benefit has not yet reflected in the figures.
The fixtures, fittings and equipment are all in excellent condition and the location is good.
Hence the selling price is based on asset value only.
BUSINESS HISTORY & FUTURE GROWTH:
ASSETS AND STOCK:
GENERAL COMPANY INFO: