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Restaurant - Pizzeria - Great business

Business for Sale
Restaurant - Pizzeria - Great business
QLD

Restaurant - Pizzeria - Gold Coast - Agent SBX Code Number: TTQW1022 Restaurants (3) consisting of a very popular Gold Coast food group serving authentic Italian cuisine - The product is of un...

Price $4,000,000.00

Restaurant - Pizzeria - Great business

Stock Included:
Stock Value:
Years Est:
Gross Revenue:
Restaurant - Pizzeria - Gold Coast - Agent SBX Code Number: TTQW1022



Restaurants (3) consisting of a very popular Gold Coast food group serving authentic Italian cuisine - The product is of unparalleled quality, ranked as the best Italian restaurant on the Gold Coast since its opening. - It offers delicious authentic wood fired pizza, handmade pasta, mains, salads, cocktails, beers and many more specialities. - The 3 venues are characterised by a strong Mediterranean influence and inspirations from traditional Italian architecture and design.



Potential

Fantastic opportunity to own an established and extremely successful Gold Coast business with plenty of room for growth.



Features

Popular - Successful - Profitable - Multi awarded food group - Run under full management with an excellent team.



Premises

Business operates in 3 exclusive venues and the shops extend respectively on 220, 180 and 115 square metres areas.



Location

Situated on Gold Coast.



Trading Hours

Shop 1 - 7 days - Dinner - Mon. - Wed.-Lunch & Dinner - Thurs. - Sun. - Shop 2. - 7 days - Dinner -Shop 3 - 6 days -Dinner - Tues. -Sun. + Friday and Sunday opens 12 p.m.



Lease

Shop 1 - 5 years from August 2013 - Bond $33k - 4% CPI increases - Shop 2 - 5 years from August 2015 - Bond $18k - 4% CPI increases -Shop 3 - 3 + 3 year lease from April 2017 - Bond $10k - CPI increases



Employees

1 General Manager, 1 Operations Manager, 2 book keepers, 4 restaurant Managers, 2 supervisors, 19 floor staff, 22 kitchen staff, 1 maintenance staff.



Comments

Ranked as No.1 pizza on the Gold Coast and in the Top 10 GC Restaurants. - 2000+ positive online reviews and large social media presence. - Acclaimed by local media & press. - Most equipment was directly imported from Italy including the wood fired ovens and pasta machines.- 2017 -2018 Financial Year turnover projection is $7.8m with a $2.5m net profit.- Miscell. 1 includes costs such as electricity, gas, marketing fees, subscriptions, insurance, cleaning & waste removal.



Agent SBX Code Number: TTQW1022 - Sydney Business Exchange

Contact Seller

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SBX Business Brokers
P: 02 9439 4403

Bsale ID: 147835
SBX ID: TTQW1022




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