Established Italian Pizzeria, family owned for 20 years

22 days ago

Private Seller

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Summary

One of the most famous Pizzeria in Sydney and family owned for almost 20 years. Primary location on busy Darling street in the heart of busiest Balmains Road. Fully licensed

Revenue

$30,000 pw

Rent

$2,500 pw

Expenses

$20,000 pw

Net Profit

$7,500 pw

Location Details

360 Darling St
Located in the heart of Balmains busiest shopping street , heavy foot passage from morning to night. Opposite to a Supermarrket and bus stop

Potential

At the moment only open for 6 dinner, potential to open for lunch and dinner 7 days a week.
versatile approach to food offer

Skills

For a young and talented chef/cook that would love to open is first business using a consolidate location in a comunity environment.
or for a consolidate restaurant owner looking for a second / third location to expand their business.

Hours

at the moment 6 days a week from 5 to 10 pm
potential to open 7 days Breakfast / lunch and dinner

Lease

1 year with option of 5

Employees

2/3 floor
3/4 kitchen depending on food offer

Reason for Sale

Me and My husband have owned this business for almost 20 years.
We are not getting any younger (and so our families wich are still in Italy) and we are moving to a day business that will require less of our time and that would give us more travelling flexibility if needed

About the Business

We are e very established pizzeria, and we have been pionners of "the new era of pizza' that has changed Sydney offer over the years. We make traditional Italian pizza served in a very Authentic environment, from the food offer to that staff, from the ingredients to the service.

Balmain is a mix bag of young families and professionals that like to live in a community environment, thas why they call Balmain 'the village'. Early diners (families with young kids) as well as late couples that look for good food and drinks.

The location has the 'little town vibe' as well has being located walking distance from Sydney CBD.
Very loyal and repeting customer on the floor and big and strong take away area.
There a re not many available restaurant premises in this area and very exposed location.

History

We Opened in march 2005 so it has been almost 20 years.
We wanted to bring a new wave of Italianity back then and this has been the key for our success

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