For Sale $365,000
SBX Business Brokers

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

Food/Hospitality for sale

VIC

For Sale $365,000

Business Details

Restaurant - Italian Cuisine - Bar - Melbourne North

\n\nRestaurant - Italian Cuisine - Bar - Melbourne North - Agent SBX Code Number: GVM1003

Restaurant serving traditional Itialian cuisine and specialising in wood fired pizza - They bake their own breads in the wood fired oven. - The restaurant also specialises in functions as well as every day operation. - 100 seats inside - 10 seats outside - Licenced.

Potential
Great potential for further expansion into catering etc.

Features
Good location. - Wood fired pizza oven. -Established since 1979.

Premises
Very modern premises with an open kitchen,

Location
Situated in Melbourne Inner North approx. 8 kms from CBD.

Trading Hours
7 days - Mon. to Sun. - 8 a.m. till late

Lease
10 year lease with 7 years remaining.

Employees
4 casuals + 1 fulltime chef

Comments
The owner is willing to consider vendor terms for the right operator.

Figures
Weekly Sales $9000
Rent (ex GST) $2150
Wages $1500
Profit $1888

Agent SBX Code Number: GVM1003 - 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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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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