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Restaurant - Pizza - Italian Cuisine - Takeaway - Northern Beaches - (Code: F3212)

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Price: $299,850






Weekly Takings (inc GST) $17,500
Cost of Goods $4,375
Gross Profit $13,125
Rent $2,217
Wages $2,600
Outgoings $
Telephone $20
Insurance $135
Electricity $260
Gas $120
Misc 1 $1,773
Misc 2 $
Total Expenses $7,125
Net Profit $6,000
Coffee Kilos P/W 0.0

Estimated Stock

$9,000
(Additional)

Equipment

$
(Included)
All other values
exclude GST
General Description
Restaurant serving authentic Italian cuisine including starters, salads, meatballs, salads, pizza, calzone, pasta and other Italian mains and desserts. - 70% of sales are pizza. - Well equipped kitchen with coolroom - 50 seats inside - 40 seats outside - Licenced - The restaurant has been running for many years and has recently been refurbished. - Great staff and plenty of potential for enthusiastic owners.

Potential
Two owners working could reduce wages. - Expand home delivery service. - Increase local social media marketing. - Extend opening hours. - Introduce specials nights.

Features
Great Northern Beaches location surrounded by residential and several hotels. - Long lease. - Well established. - Great working hours. - Under management - 2500 people on database mailing list. - Easy to run.

Premises
Licenced for 90 patrons with indoor & outdoor covered garden area and an area of 150 sq. mts.

Location
Prime street front location of busy beach side suburb well known with tourists.

Trading Hours
7 nights - 5 p.m. to 10 p.m. - Liquor license from 10 a.m. to 12 a.m..

Lease
Current lease expires Oct. 2020 + 5 + 5 year options. - 3% annual rent increases - rental bond $22,880

Employees
I owner + 2 pizza cooks + 1 kitchen cook + 3 casuals .

Comments
Local icon with wide appeal. -17% growth over past 4 years. - Profit shown is for two working owners with reduced wage costs. - Current owner runs the business under full mangement . - Operating manuals in place- Financial figures are available. - A must to inspect. The business has its own online ordering system with solid takeaway trade.

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SBX Business Brokers takes no responsibility for the accuracy of this information. Buyers should seek advice from their own Advisors.

SBXF3212

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