Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Restaurant - Cafe - Bar - Italian Cuisine - Great Business For Sale

Sydney, New South Wales
Asking Price:
$299,000 (AUD)
Sales Revenue:
$1,300,000 (AUD)
Cash Flow:
$334,464 (AUD)

Restaurant serving Italian cuisine serving a range of pizza, pastas and a number of mains including entrees such as garlic prawns and mains featuring various meat and seafood dishes. - Licenced venue serving wines, beers and spirits including cocktails and appertifs. - Also has a coffee machine owned by business as well as fully fitted kitchen with grease trap and deep fryer. - Cocktail lounge is also widely used for functions. - Licencing allows for alcohol to be served without food.

Potential
Increase trading to 7 days to boost turnover- Bring in both online and in house delivery services. - More marketing to local residents as well as lots of additional catering and function potential for business.

Features
Impressive new fit-out - Fully equipped - Excellent lease - Very highly reviewed on Google, Trip Adviser and other social media sites. - Very strong social media presence with over 1,200 followers on Facebook. - No direct competition in the area.

Premises
Premises has dining and bar in front and private function / cocktail lounge area in back, 2 bathrooms, full storage rooms on premises and an area of 120 sq. mts.

Location
Busy high street location in area with enormous development and population density growth.

Trading Hours
5 days - Tues. - Fri. - 12 p.m. - 3 p.m. & 5 p.m.- 10 p.m. - Sat. - 5 p.m. - 11 p.m. - Sun. - Mon. Closed

Lease
Current lease expires March, 2020 + 4 + 4 year options. - 3 month bank guarantee - CPI% rent increases.

Employees
1 fulltime owner + 1 parttime owner + 11 casuals

Comments

Property information

Location:

Busy high street location in area with enormous development and population density growth.

Business Operation

Expansion Potential:

Increase trading to 7 days to boost turnover- Bring in both online and in house delivery services. - More marketing to local residents as well as lots of additional catering and function potential for business.

Trading hours:

5 days - Tues. - Fri. - 12 p.m. - 3 p.m. & 5 p.m.- 10 p.m. - Sat. - 5 p.m. - 11 p.m. - Sun. - Mon. Closed

Employees:
1 fulltime owner + 1 parttime owner + 11 casuals
Years established:
1980

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here