"A Symphony of Flavors, Italian Style!"
Modern Family-Owned Italian Restaurant/Bar for sale in Prime location NSW316
Asking Price $1,350,000
Are you ready to embark on an exciting entrepreneurial journey in the vibrant culinary landscape of Australia?
About the Business:
A rare opportunity to own a well-established and highly reputable Italian restaurant right in the heart of ACT. This family-owned gem has been delighting patrons for over 20 years, offering not just a business, but a legacy of culinary excellence and community connection.
Located in a very sought after corridor of ACT, the restaurant boasts a spacious layout that accommodates both indoor and outdoor dining experiences. The inviting interior is perfect for intimate dinners, while the outdoor seating area allows guests to enjoy their meals in a relaxed, al fresco setting.
This business boasts impressive financials, with weekly takings exceeding $50,000. This robust performance is a testament to the restaurant's enduring popularity and efficient operations. The current owners have implemented systems and processes that ensure smooth day-to-day management, providing a solid foundation for new ownership to build upon.
Benefit from a complete liquor license, offering a diverse selection of wines and expertly crafted cocktails. The extensive drink menu complements the rich flavors of the authentic Italian dishes, making this restaurant a top choice for anyone seeking a memorable dining experience.
Open 7 days a week for lunch and dinner, this venue enjoys steady traffic and repeat customers, who leave consistently positive reviews after their dining experience.
One of the greatest assets of this business is its exceptional team of qualified and experienced staff. Dedicated to maintaining the high standards the restaurant is known for, the team is ready to assist the new owner in ensuring a seamless transition. Their expertise and passion for hospitality will continue to keep the restaurant running smoothly and efficiently.
This family-owned restaurant is fully operational and thriving business with a strong reputation in the community and beyond. It is renowned for its authentic cuisine, warm ambiance, and exceptional service. Whether you're a seasoned restaurateur or a passionate food enthusiast, this turnkey operation is ready for you to take the helm and continue its tradition of excellence.
Financial Overview:
Revenue:
FY23= $2,874,520
FY24= $2,699,162
Adjusted Net Profit:
FY23= Over $550,000
FY24= Over $400,000
Cost to acquire:
Business: $1,350,000
Rental Bond.
Stock At Value.
Whether you're looking to expand your restaurant portfolio or dive into a new business venture, this Italian restaurant offers a unique opportunity to own a piece of culinary history in ACT. With its strong reputation, prime location, and dedicated team, this business is poised for continued success. Don't miss out on this chance to own a beloved establishment that promises not just financial returns, but a rewarding experience filled with passion and community.
For more information and to arrange a confidential discussion, please contact Gaurav & quote Reference Number: NSW316.
Note: All genuine records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.
