Italian Restaurant – Lower North Shore

10 days ago

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Internal Ref: 21096888

Summary

Glorious Lower North Shore Italian restaurant surrounded by offices and apartments. Huge potential for revenue growth, fully licensed, takings in excess of $20,000 PW and a well-fitted kitchen.

Location Details

Sydneys Lower North Shore

Potential

- Excellent potential for revenue growth by offering additional lunch and weekend trades
- Enlarging the restaurant to accommodate functions
- Can be rebranded with any cuisine

Skills

Someone with experience and great vision would be required to benefit from expansion to accommodate large functions.

Hours

Mon - Sat: Dinner
Thur - Fri: Lunch

Lease

4 ½ years
5-year option

Employees

4 x Full-Time Chefs
2 x Kitchen Hands (Fri & Sat only)

Reason for Sale

The owner's feel like it's time to take a break.

About the Business

The business is situated in an ideal location surrounded by many offices and apartments, with ample seating both inside and out with stunning views. The restaurant is well regarded in the area and has been operating for 8 years. It's liquor licensed with potential for improvement with extra lunch and weekend trade taken into account. Well worth inspecting.

Key facts about this business:
- Well established with outstanding Google Reviews
- Well fitted kitchen
- Taking $20,000-$25,000
- Short hours of trade
- Popular location with nearby tourist and local attractions


For more information on this opportunity, please contact the undersigned:

Allsales Business Sales & Service

T: 1800 858 696 E: support@allbizsales.com

For more details go to www.allbizsales.com and complete our online confidentiality agreement. Use the reference ID 21096888 to search for the business.

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

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