Food/Hospitality for sale
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.
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.
Great fitout. Strong local support. Owner chooses to trade 5 days only. Long Lease. Reasonable rent. Fully equipped. Very well established.
This business has an area of 300 m2
Well located on a prime street in a very trendy City fringe area.
5 days - Tues. - Fri. - Lunch 1200 - 230pm and Tues. - Sat. - Dinner - 600 p.m. - 1000 p.m.
5 year lease + 5 yrs. + 5 yrs. + 5 yrs. options (commenced Apr 2011)
1 owner + 2 fulltimers + casuals as required.
Weekly Sales $23000
Rent (ex GST) $1309
Agent SBX Code Number: G1343 - SBX Business Brokers
- 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