Food/Hospitality Business for Sale in NSW Photo 1
Restaurant for sale in Eastern Suburbs, NSW
For Sale $440,000

Restaurant for sale in NSW

Food/Hospitality
NSW
For Sale $440,000

Business Details

Pizza - Restaurant - Italian Cuisine - Western Suburbs

\nPizza - Restaurant - Italian Cuisine - Western Suburbs - Agent SBX Code Number: TK1046

Italian restaurant / trattoria serving authentic Italian cuisine cooked fresh daily for lunch & dinner. - Includes antipasti, stone baked pizza, hand made pastas & Italian specialties. - No liquor licence required as this is handled by the club. - 100 seats outside - 300 seats inside. - Function rooms available for catering options.

Potential
Could grow with function room availability and exclusive access to these and club activities. - Able to be run under management.

Features
Regular income - Regular dine in, takeaway & deliveries. - Recently renovated. - No outgoings, no gas, no electricity, no hidden costs.

Premises
Large open plan location with an area of 550 sq. mts.

Location
Situated in a well established Golf Club in Western suburbs.

Trading Hours
6 days - Lunch - Mon. - Tues. - Thurs. - Fri. - 11 a.m. - 3 p.m. - - Dinner - Tues. - Sun. - 5 p.m. - 10 p.m.

Lease
5 + 5 year lease commenced July, 2015

Employees
1 owner + 4 full timers and 13 part-timers / casuals

Comments
Training to be offered to all buyers.- As all liquor consumed in the restaurant is supplied by the club there is no rent payable.

Figures
Weekly Sales $16500
Rent (ex GST) $0
Wages $6500
Profit $4000

Agent SBX Code Number: TK1046 - SBX Business Brokers

  • Last Updated May 2016
  • 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
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
1 Photo

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