Franchised Italian Restaurant

26 days ago

Location:
Gold Coast > Queensland

Investment level:
$850,000 + SAV

Type:
Business

Industry:
Retail > Food outlets

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Internal Ref: GC00018

Summary

Leading local Italian restaurantfranchise in Australia and New Zealand Established since 1985 in Melbourne VIC and now boasting over 25 stores. This restaurant is located in the heart of the city, w

About the Business

Leading local Italian restaurantfranchise in Australia and New Zealand

Established since 1985 in Melbourne VIC and now boasting over 25 stores.

This restaurant is located in the heart of the city, with a huge local and tourist clientele base.

Established for over 15 years in this location by the same owner.

Fully staffed and could be run under full management.

Large venue with fully equipped kitchen and bar including a seating capacity for over 120 people indoor and an outdoor undercover area.

Trading 7 days a week and fully licensed till midnight daily.

Turnoverat over $1,850,000 p.a. 2023, with a great profit return.

Good long lease in place to 2027 plus 2 x 5-year option.

New franchise agreement on offer from the franchisor.

Selling due to other business commitments interstate.



REF: GC00018


Ref: GC00018
Timestamp: 20240522010003

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