SoldFor Sale Italian Restaurant Prime Opportunity In Busy Dining Hub Cronulla Sydney

Don't miss this rare chance to own a thriving suburban gem restaurant in a prime location with a stellar reputation!

• Charming Eatery: Delightful blend of traditional and modern Italian cuisine with a proven history of strong revenue and profitability.
• Prime Location: Strategically located within a bustling restaurant café precinct surrounded by suburban high-rise apartments.
• Spacious Venue: Versatile open plan accommodating up to 156 patrons (120 indoor/undercover plus 40 outdoor seating). This 400 sqm (approx) haven is ideal for hosting events and private functions.
• Inventive Cuisine: Established licensed Italian cuisine to captivate diverse tastes.
• Fully Equipped: Exposed commercial kitchen ensuring seamless operations.
• Expansion Potential: Explore the potential for extended hours to 7 days a week, for breakfast and midday trade in this proven busy area to meet the growing demand.
• Appealing Lifestyle: This exceptional opportunity invites a new owner to savor both business success and the appealing lifestyle of the region.

Weekly Financial Summary (includes GST unless stated otherwise):

• Takings: $30,000 in winter, $45,000+ in summer (approx.)
• Cost of Goods: $5,000 (including alcohol)
• Rent: $1,700
• Outgoings: $200
• Wages: $10,000
• Tele/Internet: $80
• Insurance: $75
• Electricity: $900
• Gas: $110
• Marketing: $500
• Rubbish Removal: $200
• Subscriptions: $100
• Accounting Fees: $350
• Miscellaneous: $100
• Pest Control: $25
• Filter Cleaning: $20
• Linen: $150

Net Profit: Approximately $8,690 in winter, with additional profits in summer.

Additional Income:

• Car Spaces: 2 allocated car spaces rented out, bringing in $161 per week income for both car spots.

This is an exceptional opportunity for a new owner to take over a well-established restaurant with a loyal clientele and enjoy both financial success and a great lifestyle. Restaurant had recently shifted to a new location, fiqures are from pervious trading.

CONTACT AGENT Angelo Fournaris 0410 544 347 angelo@networkinfinity.com.au 

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Disclaimer 

The financial information and statements relating to the above business has been prepared based solely on the information supplied by the vendor to Network Infinity and therefore Network Infinity and the agent/broker does not guarantee the accuracy of such statements and financial information. Network Infinity will not be liable for such statements and financial information. Network Infinity strongly recommends all prospective buyers to this business to seek its own independent accounting, legal and financial advice and conducts its own due diligence of the business. Image used only for illustrative purpose to protect seller's privacy. It is in no way representative

of the actual business or it's products.