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Restaurant - Pizza - Great business

Business for Sale
Restaurant - Pizza - Great business
NSW

Restaurant - Pizza - East - Agent SBX Code Number: GN1231 Restaurant - Pizzeria serving great Italian food with a modern twist. - The popular menu has a good choice of pastas, gourmet pi...

Price $160,000.00

Restaurant - Pizza - Great business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Pizza - East - Agent SBX Code Number: GN1231



Restaurant - Pizzeria serving great Italian food with a modern twist. - The popular menu has a good choice of pastas, gourmet pizzas, premium veal backstrap, and seafood based mains. - 42 seats inside - 8 seats outside. - Strong home delivery business. - Licenced



Potential

Extend outside courtyard area, and open for lunch Sat. & Sun.



Features

Profitable business. - Good margins.Well supported by the local residents. - Residence attached.



Premises

Restaurant with an area of 161 sq.mts including self contained two bedroom apartment.



Location

Situated in the heart of a thriving cafe - restaurant area in the Eastern Suburbs.



Trading Hours

6 days - Tues. - Sat. - 5.00 p.m. - 10.00 p.m. -Sun. - 5.00 p.m. - 9.30 a.m.



Lease

Current lease expires May, 2017 + 3 + 3 year options - annual CPI increases - one months bond.



Employees

2 owners + 13 casuals



Comments

Council approved court yard for an additional 30 seats. - Two bedroom unit is included in the weekly $1,945 rent but could be rented separately for $700 p.w. making weekly restaurant rent $1,245. This is a very profitable business. - A must to inspect. - Full financials available upon inspection. - No chef is required as the current chef is on a 2 year sponsorship program.



Agent SBX Code Number: GN1231 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 97023
SBX ID: GN1231




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