Restaurant - Cafe - Bar - Italian Cuisine - Restaurant - Sales $25,000 p.w - Bar - Italian - South Sydney Profit $6432 p.w
Stock Included: —
Stock Value: —
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Restaurant - Cafe - Bar - Italian Cuisine - South Sydney - Agent SBX Code Number: FK1038F
Restaurant serving Italian cuisine serving a range of pizza, pastas and a number of mains including entrees such as garlic prawns and mains featuring various meat and seafood dishes. - Licenced venue serving wines, beers and spirits including cocktails and appertifs. - Also has a coffee machine owned by business as well as fully fitted kitchen with grease trap and deep fryer. - Cocktail lounge is also widely used for functions. - Licencing allows for alcohol to be served without food.
Increase trading to 7 days to boost turnover- Bring in both online and in house delivery services. - More marketing to local residents as well as lots of additional catering and function potential for business.
Impressive new fit-out - Fully equipped - Excellent lease - Very highly reviewed on Google, Trip Adviser and other social media sites. - Very strong social media presence with over 1,200 followers on Facebook. - No direct competition in the area.
Premises has dining and bar in front and private function / cocktail lounge area in back, 2 bathrooms, full storage rooms on premises and an area of 120 sq. mts.
Busy high street location in area with enormous development and population density growth.
5 days - Tues. - Fri. - 12 p.m. - 3 p.m. & 5 p.m.- 10 p.m. - Sat. - 5 p.m. - 11 p.m. - Sun. - Mon. Closed
Current lease expires March, 2020 + 4 + 4 year options. - 3 month bank guarantee - CPI% rent increases.
1 fulltime owner + 1 parttime owner + 11 casuals
Upstairs 2 bedroom residence included in lease and currently rented at $400 p.w. (deducted from rental expense above). - Can also suit owner operator who wants to live on premises. - Owner is also willing to stay on if required for transitional period after settlement. - Full financials are available.- Inspection is a must- This business is 457 sponsorship approved.
Agent SBX Code Number: FK1038F - Sydney Business Exchange