For Sale $159,000
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 $159,000

Business Details

Restaurant - Italian Cuisine- Bar - Takeaway - North Coast

\nRestaurant - Italian Cuisine- Bar - Takeaway - North Coast - Agent SBX Code Number: TQQ1026

Pizza restaurant with wood fire pizza oven serving pasta, risottos and pizza. - Weekend trade includes a breakfast menu, lunch and dinner and takeaway pizzas. - The business has upgraded its seating requirements with renovations, new toilets, new bar area, coffee machine, new bar fridges costing $70,000. - Well equipped full commercial kitchen - seats 110 with 3 separate dining areas - Licensed.

Potential
Website attracts new business - Facebook and local print media is used to advertise events - Could open for breakfast and lunch during the week. - Outside of restaurant needs a facelift.

Features
Huge turnover. - No competition in the town - Very regular local clientele including university students- Low rent - Well established.

Premises
Rustic and modern fitout, with an area of 80 sq.mts. and a impressive sculpted wood fire pizza oven as centre piece of restaurant.

Location
Situated on a very busy main road in centre of town in regional hub close to local university.

Trading Hours
7 days - Mon. - Thurs. - 5.30 p.m. - 10 p.m. - Sat. - Sun. - 8 a.m. - 10 p.m.

Lease
18 months + 3 years remaining on current lease

Employees
18 casuals + 1 chef fulltime+ 1 owner full-time

Comments
Outstanding award winning best pizza restaurant & finalist in Australia - A great opportunity for a family or couple to own and run this business to save on wages.

Figures
Weekly Sales $15000
Rent (ex GST) $1000
Wages $5500
Profit $4840

Agent SBX Code Number: TQQ1026 - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Takeaway Food
  • 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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Enquire

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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