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Sydney Affluent Southern Suburb Italian Restaurant 17 Years Est Good Low Rent

SELLING PRICE

$319,000.00

LISTING AGENT

Chris Minas

OVERVIEW

  • Listing ID 2594
  • Price $319,000.00
  • Categories Restaurant
    Alcohol/Liquor

Details

Turn Key Business

  Perfect Opportunity Italian Restaurant In this Popular Affluent Suburb in the South of Sydney.

* It will be very hard to find an Italian Restaurant with this Amazing Space and so well Established for Years.

* Large well fitted out and beautiful space with plenty of seating , kitchen and storage .

* It has got so much potential to grow with a savvy operator.

* Currently Turning over $ 18,000.00 PW in just 6 Days.

* Its cost of goods come in at 27% due to its great Margins.

* Lease is 5 +3 +3 with Only $ 1038.00 Rent ( inclusive of GST ) , which is very good given the location its holding.

* Staff Wages are at $ 3,500.00 Per Week and Owner Wages are $ 1000.00 Per Week.

* It has been Established over 17 Years with current owner for 12 years and always showing great numbers.

* Seating is for 60 Indoor and 20 Outdoor , space is 220sqm.

* Lifestyle Business with Great hours in just 6 Days.

* Also Closed 3 Weeks for the Summer Christmas Break .

* Owner will pass on his knowledge and experience to the incoming buyer for a smooth transition.

                           This is a great opportunity to take over a great business and create a new Income for yourself.

                                                      Make No Mistake !!!

                                                                           As an Italian Restaurant,

                                                 this business is as good as it gets...

                                                   For Further Inquiries and Information on this Business

PLEASE CONTACT THE AGENT

CHRIS MINAS

0414 241 332

chrisminas@networkinfinity.com.au



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