For Sale $215,000
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 $215,000

Business Details

Restaurant - Italian Cuisine - Upper North Shore

\nRestaurant - Italian Cuisine - Upper North Shore - Agent SBX Code Number: T2849F

Pizzeria and Italian restaurant. - Totally renovated kitchen with new coolroom and new equipment. - Partly open kitchen with great presentation. - High ceilings creating a classical Italian experience. - Licenced - 120 seats

Potential
Needs more promotion for company lunches and dinners. - currently trading only 5 days - Could open more days and nights.

Features
Free standing building. - Very attractive first class presentation. - Great road exposure. - Very well established with very regular clientele. - Low rent.

Premises
Beautiful heritage building with an area of approx.150 sq. mts.

Location
Prime street frontage location in North Shore heartland with very high disposable income.

Trading Hours
Lunch - Tues. - Fri. - Dinner - Sat.

Lease
Current lease expires 2017 + 5 year option.

Employees
2 owners + 2/3 casuals

Comments
Same owner for the last 20 years - Spectacular business creating a real authentic European eatery. First time offered in 20 years - Not a cent to spend. - New owners could really take advantage and expand this business to a new level.

Figures
Weekly Sales $12000
Rent (ex GST) $1500
Wages $500
Profit $3500

Agent SBX Code Number: T2849F - SBX Business Brokers

Summary »

  • Business Category: Food/Hospitality
  • Business Sub Category: Restaurant
  • Business Selling Price: $215000
  • Trading Hours: Lunch - Tues. - Fri. - Dinner - Sat.
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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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