Location:
North Sydney 2060 > Sydney - Greater > New South Wales
Investment level:
$350,000
Type:
Business
Industry:
Food & Drink > Coffee, Cafes & Restaurants
Fully Licensed Caf, Italian Restaurant & Pizzeria Outstanding Opportunity This is an exceptional opportunity to purchase a beautifully presented, fully licensed caf, Italian...
Fully Licensed Café, Italian Restaurant & Pizzeria – Outstanding Opportunity
This is an exceptional opportunity to purchase a beautifully presented, fully licensed café, Italian restaurant and pizzeria in a high-exposure main road location with huge pedestrian traffic.
The business operates as a busy café during the day before transforming into a popular Italian restaurant and pizzeria for lunch and dinner service. Seating includes 40 indoors plus 20 outdoor seats, creating a welcoming atmosphere for customers throughout the day and evening.
The premises underwent a complete renovation just last year, with over $350,000 invested in a stunning, modern fit-out. There is absolutely nothing to spend—simply walk in and start trading.
The current owners also operate another venue in the city and are unable to devote the time this business deserves. As a result, the business is currently run under management, with the cost of two management salaries significantly reducing the bottom line.
For an experienced owner-operator or hospitality couple, this represents a fantastic opportunity to increase profitability almost immediately by reducing wages and becoming more hands-on. 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 best—you 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 today—opportunities like this don't last long.
Turnover: $22,000
Profit: $3,000
Rent: $2,385 All Inclusive
Lease: 4 + 5 Years
Staff: Fully Under Management
4 Full Time, 5 Part Time
Wages: $6,700
Days: 7
Hours: Mon-Fri: 7.00am-2.30pm & 5.00pm-9.00pm
Sat-Sun: 7.00am-9.00pm
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