For Sale $300,000
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 $300,000

Business Details

Restaurant - Italian Cuisine - Pizza - Lower North Shore

Restaurant - Italian Cuisine - Pizza - Lower North Shore - Agent SBX Code Number: GN1152 Wood fired pizzeria / casual Italian restaurant using only the freshest of ingredients. - Serving gourmet pizzas and a variety of Italian tapas, mains and pasta. - Licenced with a wide selection of Italian, French, local and NZ wines and Italian beers. - 14 seats outside - 75 seats inside. Potential Could grow the business by opening more hours, - Would suit cafe trade during the week days. Introduce home deliveries. Features Great position. Lovely fitout. Premises Beautifully presented with over $600K being spent on the fitout and an area of 180 sq. mts. Location Situated in the heart of a thriving restaurant / cafe strip on the lower North Shore. Trading Hours 7 days - Mon. to Thurs. - 6 p.m. to late. -Fri. - Sat. - Sun. - 12 - 3 p.m. and 6 p.m. to late. Lease 5 year lease commenced 4th January 2010 + 5 + 5 year option. - Annual 4% increases - 3 months bank guarantee. Employees 2 owners + 12 full timers + 3 casuals Comments The spectacular design and fitout sets this apart from most restaurants. - Now enjoying tremendous sales and profitability.- Two page confidentiality agreement to be signed before viewing. - The owner has asked that only genuine buyers apply. - Rent figure includes all outgoings. Inspections strictly by appointment only. Figures Weekly Sales $25000 Rent (ex GST) $2546 Wages $10000 Profit $2937
Agent SBX Code Number: GN1152 - 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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