For Sale Excellent Italian Restaurant 18 Years Est Good Low Rent

28 days ago

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Internal Ref: 2594

Summary

Turn Key Business Opportunity Italian Restaurant In this Popular Affluent Suburb in the South of Sydney. * It will be very hard to find an Italian Restaurant with this Amazin...

About the Business

Turn Key Business

Opportunity Italian Restaurant In this Popular Affluent Suburb in the South of Sydney.

* It will be very hard to find an Italian Restaurant with this Amazing Space and so well Established for Years.
* Large well fitted out and beautiful space with plenty of seating , kitchen and storage .

* Sunday mornings trades with coffee / breakfast as there is huge potential to increase this during the week as well.
* It has got so much potential to grow with a savvy operator.
* Currently Turning over $ 18,000.00 PW in just 6 Days.
* Its cost of goods come in at 27% due to its great Margins.
* Lease is 4 +3 +3 with Only $ 1038.00 Rent ( inclusive of GST ) , which is very good given the location its holding.
* Wages are at $ 3,500.00 Per Week plus owner wages at $ 1,000.00 per week.
* It has been Established over 17 Years with current owner for 12 years and always showing great numbers.
* Seating is for 60 Indoor and 20 Outdoor , space is 220sqm.
* Lifestyle Business with Great hours in just 6 Days.
* Also Closed 3 Weeks for the Summer Christmas Break .
* Owner will pass on his knowledge and experience to the incoming buyer for a smooth transition.
This is a great opportunity to take over a great business and create a new Income for yourself.

Make No Mistake !!!
As an Italian Restaurant,
this business is as good as it gets...
For Further Inquiries and Information on this Business

PLEASE CONTACT THE AGENT
CHRIS MINAS
0414 241 332
[email protected]

Important Notice - Buyer Identification Requirements
In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

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