Restaurant - Italian Cuisine - Pizza - Cafe

Business Code: TTQD1038


Key Features: Well known

State: QLD

Suburb: East Brisbane

Location: Situated near busy main road close to a major sporting venue on City Fringe.

Description

Restaurant and takeaway serving traditional Italian cuisine. - Caters to full service dine in regular clientele from the many high rise apartments in the area, as well as selling lots of takeaway pizza's and pasta's (pick up only) and coffee. - Fully licensed. - 30 seats outside - 50 inside. - Fully equipped commercial kitchen with lots of fridges and freezers. Storage area.

Summary

  • Features: Popular restaurant - Established 30 years. - First time offered

  • Potential: Can be run under management - Can offer other cuisine - Can open for breakfast

  • Premises: Restaurant with an area of 90 sq. mts.

  • Trading Hours: 5.5 days - Lunch - Mon. to Fri. - 10 a.m. to 2 p.m. - Dinner - Mon. to Sat. - 5 p.m. to 9 p. m.

  • Lease: Lease 3 yrs + 3 yrs option - New Lease also available

  • Employees: 1 owner + 1.5 full timers + 4 casuals

  • Comments: Rent figure includes outgoings and GST - Can easily be transformed into any other cuisine - All equipment and appliances are fully owned by the business, nothing on lease - Owner will provide 1 week trial - Well kept records

Weekly Summary

Weekly Takings
(inc GST)

$8,500

Cost of Goods

$2,000

Gross Profit

$6,500

Rent

$929

Wages

$2,100

Telephone

$25

Insurance

$40

Electricity

$150

Gas

$50

Misc1

$400

Total Expenses

$3,694

Estimated Stock (Additional)

$6,000

Equipment (Included)

$60,000

Net Profit

$2,806

Price

$150,000

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