Visit this listing at https://www.sbx.com.au/business?id=PM1058

Business Code: PM1058

Key Features: Pizza - Cafe - Restaurant Italian - North West Sydney - Nets $6K pw

State: NSW

Location: Located in North West Sydney, one of the oldest established suburbs in NSW. The perfect location for this thriving and well established authentic Italian pizza restaurant.

Description

This authentic Italian restaurant is proud to serve a variety of homemade wood-fired pizzas, tasty pastas, fresh seafood, and delicious Italian desserts. Using only the finest ingredients and authentic recipes, you’ll feel as though you are dining in a trattoria in the heart of Italy! Whether you’re looking for a romantic meal for two, a family feast, a quick catch up with friends, an aperitif to end the evening, or to commemorate a special occasion with a larger group, they have you covered. Open from breakfast to dinner 5 days a week and offering a lovely blend of traditional and modern Italian cuisine all inspired by the family's Italian heritage, they are a thriving local hub drawing regular & repeated custom from many surrounding suburbs too. They are also pleased to provide a diverse range of Australian & European wines, draught beers, cocktails and spirits.

Summary

  • Features: This local favourite is a hit with every generation and with long time regulars and new customers alike offering top-quality, authentic Italian Cuisine - Great profits - Fantastic Ambiance - Wood Fired Pizza Oven - Fully Equipped Kitchen
  • Potential: Introduce in-house delivery to save costs of the delivery aggregators. Promote the cafe element of the business to increase the weekly sales. Open on Sundays to increase revenue.
  • Premises: An atmospheric venue, where the ambience and company are as cool and warm as the tastes available. A fully equipped kitchen and an authentic wood fired pizza oven.
  • Trading Hours: Tuesday to Saturday: 8am to 9pm. Sunday & Monday - Closed
  • Lease: Commenced 01/07/2022. Expires 30/06/2027 + 1 x 5 year option. 2.5% annual increases. Bond 6 Months.
  • Employees: 1 owner - 4 full time - 12 casual
  • Sale Reason: The owners are looking at retirement.
  • Comments: Please note the owners salary has been removed from wages and included in profit.
    Misc # 1 - Cleaning - $710/w - Rubbish Removal - $193/w - Firewood $154/w Misc # 2 - Various other expenses

Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Weekly Summary

Weekly Takings (inc GST)

$26,561

Cost of Goods

$7,663

Gross Profit

$18,898

Rent

$2,760

Wages

$6,750

Outgoings

$461

Telephone

$227

Insurance

$180

Electricity

$543

Gas

$164

Misc1

$1,057

Misc2

$800

Coffee Kilos P/W

15

Total Expenses

$12,942

Estimated Stock (Additional)

$15,000

Equipment (Included)

$100,000

Net Profit

$5,956

Price

$580,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Pizza Restaurant - Cafe - Italian

Business Code: PM1058
Price: $580,000
+ Estimated Stock (SAV) $15,000

Key Features: Pizza - Cafe - Restaurant Italian - North West Sydney - Nets $6K pw

State: NSW

Location: Located in North West Sydney, one of the oldest established suburbs in NSW. The perfect location for this thriving and well established authentic Italian pizza restaurant.

Description

This authentic Italian restaurant is proud to serve a variety of homemade wood-fired pizzas, tasty pastas, fresh seafood, and delicious Italian desserts. Using only the finest ingredients and authentic recipes, you’ll feel as though you are dining in a trattoria in the heart of Italy! Whether you’re looking for a romantic meal for two, a family feast, a quick catch up with friends, an aperitif to end the evening, or to commemorate a special occasion with a larger group, they have you covered. Open from breakfast to dinner 5 days a week and offering a lovely blend of traditional and modern Italian cuisine all inspired by the family's Italian heritage, they are a thriving local hub drawing regular & repeated custom from many surrounding suburbs too. They are also pleased to provide a diverse range of Australian & European wines, draught beers, cocktails and spirits.

Summary

  • Features: This local favourite is a hit with every generation and with long time regulars and new customers alike offering top-quality, authentic Italian Cuisine - Great profits - Fantastic Ambiance - Wood Fired Pizza Oven - Fully Equipped Kitchen
  • Potential: Introduce in-house delivery to save costs of the delivery aggregators. Promote the cafe element of the business to increase the weekly sales. Open on Sundays to increase revenue.
  • Premises: An atmospheric venue, where the ambience and company are as cool and warm as the tastes available. A fully equipped kitchen and an authentic wood fired pizza oven.
  • Trading Hours: Tuesday to Saturday: 8am to 9pm. Sunday & Monday - Closed
  • Lease: Commenced 01/07/2022. Expires 30/06/2027 + 1 x 5 year option. 2.5% annual increases. Bond 6 Months.
  • Employees: 1 owner - 4 full time - 12 casual
  • Sale Reason: The owners are looking at retirement.
  • Comments: Please note the owners salary has been removed from wages and included in profit.
    Misc # 1 - Cleaning - $710/w - Rubbish Removal - $193/w - Firewood $154/w Misc # 2 - Various other expenses

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

$26,561

Cost of Goods

$7,663

Gross Profit

$18,898

Rent (ex GST)

$2,760

Wages

$6,750

Outgoings

$461

Telephone

$227

Insurance

$180

Electricity

$543

Gas

$164

Misc1

$1,057

Misc2

$800

Coffee Kilos P/W

15

Total Expenses

$12,942

Estimated Stock (Additional)

$15,000

Equipment (Included)

$100,000

Net Profit

$5,956

Price

$580,000
+ Estimated Stock (SAV) $15,000

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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.