For Sale $80,000
SBX Business Brokers

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

Food/Hospitality for sale

QLD

For Sale $80,000

Business Details

Restaurant - Italian Cuisine - Brisbane City Fringe

\nRestaurant - Italian Cuisine - Brisbane City Fringe - Agent SBX Code Number: TQG1068

Italian restaurant serving great food. Excellent service and reputation. Run by owner-chef. - Licenced. - 20 seats outside - 85 seats inside.

Potential
Could open for breakfast and lunch. - Add takeaway and catering for external functions - Do marketing. - Could change to cafe- great location for cafe.

Features
Great rent for area. Many regulars. Excellent reputation. Great reviews. Beautiful fitout. Recently redesigned menu.

Premises
Very nicely appointed Italian restaurant with an area of 120 sq. mts. Fitout revitalised in March 2015 with new decor and lighting

Location
Situated in City fringe dining district in very upmarket area

Trading Hours
6 days - Tue. to Sun. - 530 p.m.- 930 p.m.

Lease
Current lease expires 2019 + option available

Employees
2 working owners + 1 full-time chef + 2 casuals

Comments
Excellent dinner only restaurant with low rent. Owner will offer transition / training period. - Priced to sell.

Figures
Weekly Sales $11000
Rent (ex GST) $1350
Wages $1600
Profit $2000

Agent SBX Code Number: TQG1068 - 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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