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      Restaurant business for sale in Sydney

      • Restaurant
      • Sydney NSW 2000
      • $538000

      F3010 - Business For Sale - Restaurant Financial Figures Available

      Restaurant - Italian - Pizzeria - Pasta - Inner West
      SBX Business Code: F3010
      Award winning restaurant serving authentic Italian cuisine at reasonable prices with great service which has kept this restaurant as a family favourite.Takes you back in time giving you a memorable dining experience like no other - High quality produce sourced at the best prices due to ordering in large volumes and in some cases by the pallet load ensure high gross profit margins. - Full commercial kitchen and upstairs cool room and freezer. - 20 seats outside - 160 seats inside.Financial figures are available.

      Potential
      To open other outlets in different areas.Trade longer hours,more marketing.

      Features
      Same original owner for 20 years. - Long lease available.Financial figures available for serious buyers.

      Premises
      Premises were renovated approximately 8 years ago at a cost of around $700,000

      Location
      Prime location in popular eat street area well patronized by locals.

      Trading Hours
      7 dinners - 5 lunches - Wednesday to Sunday.

      Lease
      New lease available on suitable terms to approved potential purchasers.

      Employees
      One owner plus three family members as part of staff plus casuals as required.

      Comments
      Twenty years of perfecting systems, suppliers and the best staff. - A must to inspect. - Freehold available. $3 million dollars - 5.8 percent nett return approximately plus price of business.Upstairs dry storage with second coolroom and freezer.Has a hoist to lower goods down into kitchen area.
      Figures
      Weekly Sales $30000
      Rent (ex GST) $3000
      Wages $10000
      Profit $8000

      SBX Business Code: F3010

      SBX Business Brokers - Sydney Business Exchange

      Business Highlights

      Business ID

      2011862172

      Last updated

      31 Jul 2018

      Category

      Restaurant, Food, Beverage & Hospitality

      Map for Sydney NSW 2000

      Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065

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