South Sydney
NSW
$200,000
Restaurant - Italian Cuisine - TakeawayPrice: $295,000Net Profit: $4,453 |
Visit this listing at https://www.sbx.com.au/business?id=DP1003 |
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Business Code: DP1003 Key Features: Restaurant -Takeaway - Italian Cuisine - Lower Nth Shore - Nets over $4,000 p.w. State: NSW Suburb: Cammeray, 2062 Location: Well-positioned in an established & highly popular Lower North Shore hospitality precinct. DescriptionHighly regarded & long-established Italian restaurant with approx. 17 years of trading history and a loyal base of regular customers. The business is known for its authentic Italian cuisine including pasta, risotto, seafood, veal, chicken, steak, salads, sides, desserts, traditional wood-fired Neapolitan pizza and genuine hospitality. It is fully licensed and has seating for approx. 80 people upstairs and downstairs. A significant strength is the established clientele, including regular customers from high-profile circles, providing the business with a strong reputation and valuable repeat trade. The operation offers multiple revenue streams across dine-in, takeaway, online orders and functions, supported by a fully licensed venue and established food & beverage offering. Summary
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. 
Weekly SummaryWeekly Takings (inc GST)$21,000Cost of Goods$6,400Gross Profit$14,600Rent$1,117Wages$7,500Outgoings$101Telephone$104Insurance$288Electricity$507Gas$460Misc1$70Total Expenses$10,147Estimated Stock (Additional)$5,000Equipment (Included)$100,000Net Profit$4,453Price$295,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Italian Cuisine - Takeaway
Business Code: DP1003Price: $295,000
+ Estimated Stock (SAV) $5,000
Key Features: Restaurant -Takeaway - Italian Cuisine - Lower Nth Shore - Nets over $4,000 p.w.
State: NSW
Suburb: Cammeray, 2062
Location: Well-positioned in an established & highly popular Lower North Shore hospitality precinct.
Business Overview
Highly regarded & long-established Italian restaurant with approx. 17 years of trading history and a loyal base of regular customers. The business is known for its authentic Italian cuisine including pasta, risotto, seafood, veal, chicken, steak, salads, sides, desserts, traditional wood-fired Neapolitan pizza and genuine hospitality. It is fully licensed and has seating for approx. 80 people upstairs and downstairs. A significant strength is the established clientele, including regular customers from high-profile circles, providing the business with a strong reputation and valuable repeat trade.
The operation offers multiple revenue streams across dine-in, takeaway, online orders and functions, supported by a fully licensed venue and established food & beverage offering.
Summary
- Key Features: Approx. 17 years of successful trading, with an established reputation & loyal base of regular customers, including high-profile clientele. - The restaurant offers authentic Italian cuisine supported by quality restaurant premises & fit-out.
- Potential: Significant opportunity exists for a new owner to build on the strong foundations already established. Current trading is concentrated around evening service, with the restaurant generally operating for only approx, 4.5 hours per night. -There is considerable scope to increase revenue through extended trading hours, additional lunch service, expanded takeaway & delivery, and increased functions and catering private events.
- Premises: Impressive & well-presented restaurant premises with an area of 240 sq. mts. offering a welcoming dining environment with a quality commercial kitchen, traditional wood-fired pizza facilities and attractive dining areas suited to both regular dining and special occasions, with additional capacity for functions and private events.
- Trading Hours: 7 days - Sunday to Thursday - 5 p.m. to 9 p.m. - Friday to Saturday - 5 p.m. to 9:30 p.m.
- Lease: 5 + 5 + 5 years lease commenced Jan. 2025 - 3 month bond & annual CPI increases . Full lease available to serious buyers
- Employees: 1 owner + 1 full timer + 7 casuals
- Sale Reason: The owner is looking to take a well-earned break & spending an extended period travelling overseas
- Comments:
A rare opportunity to acquire a well-established & highly regarded Italian restaurant with approximately 17 years of successful trading history, a loyal customer base & an enviable reputation. The business provides a strong foundation for an incoming owner, with further potential to build on its established success. The current rent shown reflects a 40% reduction from the original rental amount, with the continuation of this reduced rent subject to negotiation between the incoming owner & landlord.
Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.
Weekly Summary
Figures include GST unless stated otherwise
Weekly Takings
$21,000
Cost of Goods
$6,400
Gross Profit
$14,600
Rent (ex GST)
$1,117
Wages
$7,500
Outgoings
$101
Telephone
$104
Insurance
$288
Electricity
$507
Gas
$460
Misc1
$70
Total Expenses
$10,147
Estimated Stock (Additional)
$5,000
Equipment (Included)
$100,000
Net Profit
$4,453
Price
$295,000
+ Estimated Stock (SAV) $5,000
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