For Sale $395,000
SBX Business Brokers

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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Food/Hospitality for sale

NSW

For Sale $395,000

Business Details

Italian - Restaurant - Pizza - City Fringe

\nItalian - Restaurant - Pizza - City Fringe - Agent SBX Code Number: G1343

Italian restaurant/trattoria serving authentic Italian food cooked fresh daily for lunch & dinner. Includes antipasti, stone baked pizza, hand made pastas & Italian specialities. The restaurant is made up of a main dining area, bar, courtyard, mezzanine and separate function room upstairs. - 160 seats. Under semi management.

Potential
Could convert upstairs to a residence. Could easily grow the business by opening 6 or 7 days. This business would make an ideal wine bar / restaurant & cafe combination. Could offer weekend breakfasts.

Features
Great fitout. Strong local support. Owner chooses to trade 5 days only. Long Lease. Reasonable rent. Fully equipped. Very well established.

Premises
This business has an area of 300 m2

Location
Well located on a prime street in a very trendy City fringe area.

Trading Hours
5 days - Tues. - Fri. - Lunch 1200 - 230pm and Tues. - Sat. - Dinner - 600 p.m. - 1000 p.m.

Lease
5 year lease + 5 yrs. + 5 yrs. + 5 yrs. options (commenced Apr 2011)

Employees
1 owner + 2 fulltimers + casuals as required.

Figures
Weekly Sales $23000
Rent (ex GST) $1309
Wages $7500
Profit $6480

Agent SBX Code Number: G1343 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Lease: $26,000.00
  • Attached Dwelling: YES
  • Copy Of Title: 1
  • Expenses: $10000
  • Earnings Before Interest Tax: $1100000
  • Business Selling Price: $300000
  • Business Property Price: $300000
  • Property Selling Price: 300000
  • Trading Hours: 9am-5pm mon-fri.
  • Franchise Agreement Fees: NO
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SBX Business Brokers
1/564 Pacific Highway,
St Leonards, NSW 2065

Phone: 02 9439 4403
Fax: 02 9439 5944

SBX Business Brokers
Phone: 02 9439 4403

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