South Sydney
NSW
$348,000
Restaurant - Takeaway - Bar - Italian CuisinePrice: $99,000Net Profit: $2,313 |
Visit this listing at https://www.sbx.com.au/business?id=SFD1034 |
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Business Code: SFD1034 Key Features: Urgent sale - Restaurant - Takeaway - Bar - Italian Cuisine State: NSW Location: Prime front location with high visibility in the local shopping centre in Western Suburbs close to local schools, residential and businesses. DescriptionRestaurant - Bar - serving classic Italian cuisine done beautifully and extremely popular with the locals - selling wood fire pizza, pasta, risotto, steak, chicken, veal, seafood, meat, lamb, Calzone, salads, drinks and desserts. - 30 seats outside - 45 eats inside - licensed - features a good sized full kitchen with Wood fire oven, pizza bar, dove roller, dove machine,2 gas stove, 1 oven, shredder, meat slicer, bar fridge, milk shaker, mixer, dishwasher, ice maker, microwave, cold room and fridge. - Great for formal and informal dining and suitable for small functions. Summary
Weekly SummaryWeekly Takings (inc GST)$10,500Cost of Goods$2,600Gross Profit$7,900Rent$2,300Wages$2,800Telephone$30Insurance$150Electricity$150Gas$40Misc1$67Misc2$50Total Expenses$5,587Estimated Stock (Additional)$15,000Net Profit$2,313Price$99,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Restaurant - Takeaway - Bar - Italian Cuisine
Business Code: SFD1034
Price: $99,000
+ Estimated SAV $15,000
Key Features: Urgent sale - Restaurant - Takeaway - Bar - Italian Cuisine
State: NSW
Location: Prime front location with high visibility in the local shopping centre in Western Suburbs close to local schools, residential and businesses.
Description
Restaurant - Bar - serving classic Italian cuisine done beautifully and extremely popular with the locals - selling wood fire pizza, pasta, risotto, steak, chicken, veal, seafood, meat, lamb, Calzone, salads, drinks and desserts. - 30 seats outside - 45 eats inside - licensed - features a good sized full kitchen with Wood fire oven, pizza bar, dove roller, dove machine,2 gas stove, 1 oven, shredder, meat slicer, bar fridge, milk shaker, mixer, dishwasher, ice maker, microwave, cold room and fridge. - Great for formal and informal dining and suitable for small functions.
Summary
- Features: Well known for quality Italian food. - Same owner for 18 years - Very good local support, - All equipment is owned - Huge growth potential in the area.
- Potential: Create website, do local advertising and marketing and increase social media marketing, - Add Uber Eats, Menu log take away services, - Promote lunch specials.
- Premises: Relaxed open eating area with bar and full kitchen comprising 135 sq. mts.
- Trading Hours: 7 days - 11.30 a.m. to 10 p.m.
- Lease: Current lease expires in Sept. 2021 - 4% annual increases - 3 months bond - New lease available.
- Employees: 1 owner + 2 part time chefs + 3 part time staff
- Sale Reason: Health reasons
- Comments: Misc.- 1 - Wood - Misc. - 2 - Other general expenses - First time on the market - Same owners have owned and operated the business for over 18 years. - Great opportunity to purchase the best located restaurant in this busy area. - All interested buyers must arrange a meeting with the vendor through their SBX broker and must not speak to any staff on site -The vendor is prepared to negotiate the selling price with serious buyers showing interest - Long term staff available - A must to inspect but please be discreet.
Disclaimer: 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)
$10,500
Cost of Goods
$2,600
Gross Profit
$7,900
Rent (ex GST)
$2,300
Wages
$2,800
Telephone
$30
Insurance
$150
Electricity
$150
Gas
$40
Misc1
$67
Misc2
$50
Total Expenses
$5,587
Estimated Stock (Additional)
$15,000
Net Profit
$2,313
Price
$99,000
+ Estimated 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.
