Visit this listing at https://www.sbx.com.au/business?id=CB1406

Business Code: CB1406

Key Features: Italian Cuisine - Very popular and well known - Netting $4745 p.w.

State: NSW

Suburb: Goulburn, 2580

Location: Prime main street location in high growth Southern Tablelands regional city.

Description

Restaurant - Italian providing an amazing range of traditional and regional dishes with a strong emphasis on fresh produce - Well presented and extensive menu meets the demand of all tastes, with fresh seafood and unique meats prominent - Dining room opens up to city and rural vistas and a well-stocked bar is easily accessed from counter - Kitchen is well equipped with walk-in cool room, ample freezer and fridge capacity, gas stove and oven, grill and excellent prep areas - Pizza oven and deep fry are included but not utilised at present - Premises are air conditioned with separate wood heater available for the colder months - Toilets are available next to restaurant.

Summary

  • Features: Excellent Trip Advisor reviews - Long established - Attractive new lease available - Great location - Strong local and visitor client base - Unique traditional and regional menu options.
  • Potential: New Arts Centre theatre opposite opening shortly presenting opportunity to provide early dinner options - Open for breakfast.
  • Premises: Situated on first floor of large motel, with separate main street entrance, with entry foyer leading to the welcoming ambiance of a delightful layout and views.
  • Trading Hours: 7 days - Dinner - Mon. - Sun. - 6.00 p.m. to 9.30 p.m. - Lunch - Fri. - Sun. - 12.00 p.m. to 2.00 p.m.
  • Lease: New 4 + 4 lease available - C.P.I. increases - Bond 1 month.
  • Employees: 2 owners + 1 part time cook + 2 casuals.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$10,000

Cost of Goods

$2,500

Gross Profit

$7,500

Rent

$830

Wages

$1,430

Telephone

$50

Insurance

$25

Electricity

$170

Gas

$85

Misc1

$25

Misc2

$140

Total Expenses

$2,755

Estimated Stock (Additional)

$7,500

Equipment (Included)

$125,000

Net Profit

$4,745

Price

$249,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Resaurant - Italian Cuisine

Business Code: CB1406
Price: $249,000
+ Estimated SAV $7,500

Key Features: Italian Cuisine - Very popular and well known - Netting $4745 p.w.

State: NSW

Suburb: Goulburn, 2580

Location: Prime main street location in high growth Southern Tablelands regional city.

Description

Restaurant - Italian providing an amazing range of traditional and regional dishes with a strong emphasis on fresh produce - Well presented and extensive menu meets the demand of all tastes, with fresh seafood and unique meats prominent - Dining room opens up to city and rural vistas and a well-stocked bar is easily accessed from counter - Kitchen is well equipped with walk-in cool room, ample freezer and fridge capacity, gas stove and oven, grill and excellent prep areas - Pizza oven and deep fry are included but not utilised at present - Premises are air conditioned with separate wood heater available for the colder months - Toilets are available next to restaurant.

Summary

  • Features: Excellent Trip Advisor reviews - Long established - Attractive new lease available - Great location - Strong local and visitor client base - Unique traditional and regional menu options.
  • Potential: New Arts Centre theatre opposite opening shortly presenting opportunity to provide early dinner options - Open for breakfast.
  • Premises: Situated on first floor of large motel, with separate main street entrance, with entry foyer leading to the welcoming ambiance of a delightful layout and views.
  • Trading Hours: 7 days - Dinner - Mon. - Sun. - 6.00 p.m. to 9.30 p.m. - Lunch - Fri. - Sun. - 12.00 p.m. to 2.00 p.m.
  • Lease: New 4 + 4 lease available - C.P.I. increases - Bond 1 month.
  • Employees: 2 owners + 1 part time cook + 2 casuals.
  • Sale Reason: Time to retire.
  • Comments: Misc.- 1 - Trade waste - Misc.- 2 - Cleaning ($100) Bank fees ($40) - 2 Group coffee machine and grinder are included in sale - Pre Covid model shown includes income from room service breakfast service - A small service lift is available to carry produce from ground to kitchen - Trip Advisor Best Italian Restaurant 2017/2018/2019 - Also Travellers Choice Winner 2020.

Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings

$10,000

Cost of Goods

$2,500

Gross Profit

$7,500

Rent (ex GST)

$830

Wages

$1,430

Telephone

$50

Insurance

$25

Electricity

$170

Gas

$85

Misc1

$25

Misc2

$140

Total Expenses

$2,755

Estimated Stock (Additional)

$7,500

Equipment (Included)

$125,000

Net Profit

$4,745

Price

$249,000
+ Estimated SAV $7,500

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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.