Italian Restaurant - Functions - Cafe - Lower North Shore
\nItalian Restaurant - Functions - Cafe - Lower North Shore - Agent SBX Code Number: G1505
Restaurant specialising in authentic & traditional Italian cuisine & offering seasonally inspired Italian dishes - Fully licenced with seating for 120 in the main dining area and seating for 20 in the cafe area. - The cafe services the 500 tenants in the lobby. - There is also an outdoor garden area which has a BBQ & seating area for approx 20. - Can cater for functions or weddings up to 130 seated or 200 for standing cocktails. - Dining area looks out onto garden and murals.
Could extend trading hours. - Potential to market for more functions. - Could promote more catering through the cafe for office meetings. - Could promote the outdoor BBQ garden area for summer functions. - Could open on weekends.
Well established 5 day business. - Great reputation. - Regular & loyal customers.
This restaurant has an area of 360 sq. mts.
Well located on the ground floor of a large corporate building in the heart of the Lower North Shore CBD area.
5 days - Mon. - Fri. - Lunch from 12 p.m. and Wed. - Fri. - Dinners from 6 p.m.
5 year lease expires Feb. 2020 - 4% increases per annum.
2 owners + 2 full timers + 7 part-timers
Profits from the cafe pays for the total rent. -
Weekly Sales $19000
Rent (ex GST) $2410
Agent SBX Code Number: G1505 - SBX Business Brokers
- Last Updated February 2016
- Business Category Food/Hospitality
- Business Sub Category Cafe/Coffee Shop
- 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
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065