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Restaurant business for sale in Sydney

  • Restaurant
  • Sydney NSW 2000
  • $250,000 (GST na)

F3205 - Business For Sale - Restaurant Restaurant - Sales $16,500 pw - Bar Italian Cuisine - Pizza - Central Coast Nsw - Profit $4000 pw

Restaurant - Bar - Italian Cuisine - Pizza - Central Coast
SBX Business Code: F3205
Restaurant selling Italian cuisine, hand stretched pizza, antipasti and small plates. - Also serving over 60 varieties of wines by the glass and over 100 bottles on the wine list. - Well known local brand, professional and interactive website and social media sites included in the sale. - High reviews featured third out of 100 restaurants in the local area on Tripadvisor and strong positive reviews on face book. -

Potential
Strong opportunity to extend the current trading hours to increase turnover. - Could add takeaway / pizza option. - Online ordering customised app ready to go. - Could hold functions, weddings, birthdays, christenings, engagement parties, corporate events.

Features
New premium restaurant fit out. - Good customer database. - Business successfully being run under management. - Well established - Licenced.

Premises
This business has an area of 150 sq. mts. with full kitchen and open bar built at a cost of over $400,000

Location
Prime street front location opposite beautiful parkland setting in Central Coast

Trading Hours
5 days - Lunch + Dinner - Tues. - Sat.

Lease
Current lease expires Nov. 2023 - C.P.I. increases - 3 month bond

Employees
Currently operates with 8 staff - 1 Manager fulltime + 1 bar Manager parttime + 2 to 3 wait staff + head chef, apprentice, chef casual, kitchen hand.

Comments
PSA liquor licence ( means no food consumption needed) - Rent includes rubbish and cleaners - Print files for menus, logos, website, business cards etc. - Will suit first timer or seasoned operator. - The vendor is now offering a delivery service currently around 22 deliveries per week which adds another $1000 per week to the weekly sales. Current Managers wages of $1500 has been added back to nett profit as if run by owner operator. On job training offered by owners -
Figures
Weekly Sales $22000
Rent (ex GST) $994
Wages $5500
Profit $5000

SBX Business Code: F3205

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Business ID2014064405
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Last updated  28 May 2019
Map for Sydney NSW 2000
Map for Sydney NSW 2000Sydney NSW 2000
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Business Highlights

Business ID2014064405
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  28 May 2019
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Suite 1, Level 2, 2 - 4 Pacific Highway St Leonards NSW 2065
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