South Sydney
NSW
$300,000
Restaurant - Cafe - Italian CuisinePrice: $299,000Net Profit: $0 |
Visit this listing at https://www.sbx.com.au/business?id=PM1036 |
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Business Code: PM1036 Key Features: Cafe - Restaurant - Prime Location - A1 fit-out - Full kitchen - East Sydney State: NSW Location: An Italian restaurant and cafe in the heart of East Sydney. - A Must See !! DescriptionItalian restaurant and cafe that has won the hearts of its patrons in its nearly six years of prosperous operation. The moment you step in, you'll be entranced by the ambiance that gracefully fuses traditional Italian elements with contemporary style. The owners' dedication to quality and attention to detail shine through in the state-of-the-art fit-out valued at close to $1million dollars. The bifold front windows bathe the interior in natural light, creating a warm and inviting dining atmosphere, supported by full mechanical ventilation and a fully detached air conditioning system ensuring guests' comfort. The true jewel of this culinary haven is its fully equipped commercial kitchen, allowing the creation of delectable Italian delights. Maintaining the highest standards of culinary excellence, the establishment features a thoughtful grease trap and showcases quality finishes, impeccably maintained over the years.- 70 seats inside - 20 seats outside with an area of 15.6 sq. mts. The presence of a cocktail bar, fully licensed, enhances the experience. The restaurant's prime location close to Hyde Park, draws both locals and tourists, ensuring a steady flow of visitors. Strategically surrounded by diverse industries, the restaurant thrives as a weekday hub, catering to professionals and workers seeking a convenient and exquisite dining experience. 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)$13,000Rent$2,156Equipment (Included)$300,000Price$299,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Cafe - Italian Cuisine
Business Code: PM1036Price: $299,000
Key Features: Cafe - Restaurant - Prime Location - A1 fit-out - Full kitchen - East Sydney
State: NSW
Location: An Italian restaurant and cafe in the heart of East Sydney. - A Must See !!
Business Overview
Italian restaurant and cafe that has won the hearts of its patrons in its nearly six years of prosperous operation. The moment you step in, you'll be entranced by the ambiance that gracefully fuses traditional Italian elements with contemporary style. The owners' dedication to quality and attention to detail shine through in the state-of-the-art fit-out valued at close to $1million dollars. The bifold front windows bathe the interior in natural light, creating a warm and inviting dining atmosphere, supported by full mechanical ventilation and a fully detached air conditioning system ensuring guests' comfort. The true jewel of this culinary haven is its fully equipped commercial kitchen, allowing the creation of delectable Italian delights. Maintaining the highest standards of culinary excellence, the establishment features a thoughtful grease trap and showcases quality finishes, impeccably maintained over the years.- 70 seats inside - 20 seats outside with an area of 15.6 sq. mts. The presence of a cocktail bar, fully licensed, enhances the experience. The restaurant's prime location close to Hyde Park, draws both locals and tourists, ensuring a steady flow of visitors. Strategically surrounded by diverse industries, the restaurant thrives as a weekday hub, catering to professionals and workers seeking a convenient and exquisite dining experience.
Summary
- Key Features: Impeccable fit-out - State of the art commercial kitchen - Amazing lease terms - Licensed. - Fantastic Opportunity !!
- Potential: Increase hours to reintroduce dinner service - Promote cocktail menu - Open 7 Days - A Must see !!
- Premises: High ceilings, industrial decor and hanging greenery give this very popular Italian cafe / restaurant a relaxed and casual feel with a total area of 228 sq.mts. A Must See !!
- Trading Hours: Currently cafe only 5 days - Monday to Friday: 7 am to 3 pm.
- Lease: Current lease expires 30th June 2027 + 5 + 5 year options. - 3 month bond ( Bank Guarantee )
- Employees: Not applicable
- Sale Reason: Other business interests
- Comments: Cafe is currently trading at $13,000.p.w.. This opportunity represents fantastic value with an amazing fit out, state of the art commercial kitchen and below market lease terms. - A Must See !!
Currently Licensed for 10 a.m. - 12 midnight 6 days - Sunday & outside seating 10 a.m. to 10 p.m. 7 days
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
$13,000
Rent (ex GST)
$2,156
Equipment (Included)
$300,000
Price
$299,000
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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.