Summary
Fully licensed café, Italian restaurant and pizzeria in a prime location. $350K renovation, 70 seats indoor and outdoor, loyal customers and strong growth potential for an owner-operator
Revenue
$22,000 pw
Rent
$2,385 pw
Net Profit
$3,000 pw
Potential
An exciting opportunity for an owner-operator or hospitality couple to take a fully licensed café, Italian restaurant and pizzeria to the next level. With a $350K modern fit-out, prime location, loyal customers and a strong pizza reputation, currently its in under management, there is significant potential to reduce management costs, boost profitability and grow the business through hands-on ownership
Skills
Ideal for an experienced hospitality operator or couple with strong skills in café and restaurant management, customer service, staff leadership, cost control and marketing. A hands-on owner can reduce management wages, improve efficiency, build customer loyalty and unlock the business’s full profit potentia
Hours
Mon-Fri: 7.00am-2.30pm & 5.00pm-9.00pm
Sat-Sun: 7.00am-9.00pm
Lease
4 + 5 Years
Employees
4 Full Time, 5 Part Time
Reason for Sale
The current owners operate another venue in the city and are unable to dedicate sufficient time to this business. They have decided to sell, creating an excellent opportunity for a hands-on owner-operator to take over and maximise its potential
About the Business
The business enjoys a loyal customer base in a thriving café and restaurant precinct, with enormous potential for further growth.
The pizza has earned an outstanding reputation with customers and is considered one of the area's bestyou simply have to try it!
This is a genuine opportunity to acquire a quality hospitality business with a premium fit-out, excellent location, loyal clientele and significant upside for the right operator. Enquire todayopportunities like this don't last long.
History
The premises is always a Restaurant from last 40 years, recently underwent a complete renovation just last year, with over $350,000 invested in a stunning, modern fit-out. There is absolutely nothing to spendsimply walk in and start trading.
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