Visit this listing at https://www.sbx.com.au/business?id=G1808

Business Code: G1808

Key Features: Italian Pizza & Pasta Restaurant - Eastern Suburbs. - Great location.

State: NSW

Location: Fantastic location on a busy main road in the Eastern Suburbs in the heart of a very busy suburb & cafe, restaurant & shopping strip.

Description

Italian restaurant specialising in pizza & pasta and also many other traditional Italian meat & seafood dishes. This restaurant has a fully equipped kitchen & woodfired Pizza oven, walk in cool room, plenty of storage, toilets and a covered rear courtyard area. Licenced BYO wine only - Corkage $3.50 per person. Seating for 52 inside and 8 outside.

Summary

  • Features: Well established restaurant. - Great location. - Fully equipped kitchen and also wood fired pizza oven. - Loyal clientele. - Same owner operating for last 10 years.
  • Potential: Huge potential for experienced owner operator to buy this established restaurant and take advantage of the local affluent clientele. Could open for lunches. New long lease available. - Approved footpath dining.
  • Premises: This restaurant has an area of approx. 150 sq mts including a rear outdoor covered courtyard area.
  • Trading Hours: Open for Dinner 7 days - 5 pm 9 pm.
  • Lease: Landlord will provide a new 5 + 5 yr or 3 + 3yr lease to an experienced operator. - 3 months bond. - CPI increases
  • Employees: 1 Manager + 4 full timers + 4 casuals
  • Sale Reason: Owner has other business interests and does not have time to devote to this business.
  • Comments: PLEASE NOTE that this business is being sold on a WIWO basis and not being sold on figures. The asking price is well below fit-out and equipment costs. Landlord wants $165K p.a. plus outgoings. The current owner is there only 2 - 3 nights per week.

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale.

Weekly Summary

Weekly Takings (inc GST)

$25,000

Rent

$3,173

Price

$150,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Restaurant - Pizza - Takeaway

Business Code: G1808
Price: $150,000

Key Features: Italian Pizza & Pasta Restaurant - Eastern Suburbs. - Great location.

State: NSW

Location: Fantastic location on a busy main road in the Eastern Suburbs in the heart of a very busy suburb & cafe, restaurant & shopping strip.

Business Overview

Italian restaurant specialising in pizza & pasta and also many other traditional Italian meat & seafood dishes. This restaurant has a fully equipped kitchen & woodfired Pizza oven, walk in cool room, plenty of storage, toilets and a covered rear courtyard area. Licenced BYO wine only - Corkage $3.50 per person. Seating for 52 inside and 8 outside.

Summary

  • Key Features: Well established restaurant. - Great location. - Fully equipped kitchen and also wood fired pizza oven. - Loyal clientele. - Same owner operating for last 10 years.
  • Potential: Huge potential for experienced owner operator to buy this established restaurant and take advantage of the local affluent clientele. Could open for lunches. New long lease available. - Approved footpath dining.
  • Premises: This restaurant has an area of approx. 150 sq mts including a rear outdoor covered courtyard area.
  • Trading Hours: Open for Dinner 7 days - 5 pm 9 pm.
  • Lease: Landlord will provide a new 5 + 5 yr or 3 + 3yr lease to an experienced operator. - 3 months bond. - CPI increases
  • Employees: 1 Manager + 4 full timers + 4 casuals
  • Sale Reason: Owner has other business interests and does not have time to devote to this business.
  • Comments: PLEASE NOTE that this business is being sold on a WIWO basis and not being sold on figures. The asking price is well below fit-out and equipment costs. Landlord wants $165K p.a. plus outgoings. The current owner is there only 2 - 3 nights per week.

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

$25,000

Rent (ex GST)

$3,173

Price

$150,000

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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.