Established licensed Italian Pizza Pasta Restaurant Lower North Shore Sydney

An outstanding opportunity to acquire a long-established and highly regarded pizza and pasta restaurant positioned within a busy shopping village precinct, surrounded by retail shops, businesses, and strong residential density.

Located on the edge of a thriving high-rise residential and high rise commercial business district, the business benefits from constant foot traffic and strong vehicle exposure, creating consistent ongoing trade and repeat local clientele.

Operating since the 1970s, this authentic Italian venue has built an excellent reputation within the community, supported by very high online ratings and loyal returning customers.

Business Highlights

   •   Established Italian pizza & pasta restaurant

   •   Trading successfully since the 1970s

   •   Current owner operating since 2008

   •   Busy shopping village location with strong exposure

   •   High foot traffic and vehicle traffic daily

   •   Authentic Italian menu using quality ingredients

   •   Excellent online reviews and local reputation

   •   BYO venue with liquor licence (approx. 15% alcohol sales)

   •   Strong, trained and reliable team in place

   •   Owner operated (supervision, ordering & administration)

Operations

   •   Currently trading Monday to Saturday – dinner service only

   •   Significant opportunity to introduce:

   •   Lunch trade

   •   Extended trading hours

   •   Expanded delivery platforms

   •   Increased catering services

   •   Approximately 30% of revenue generated via delivery & catering

   •   Consistent and stable turnover

Premises & Fit-Out

   •   Spacious premises approx. 180m²

   •   Character-filled authentic Italian fit-out

   •   Commercial kitchen with grease trap & exhaust ventilation

   •   Indoor seating: 26 patrons

   •   Outdoor seating: 20 patrons

   •   Ample council off-street parking

   •   Rear lane access with allocated parking

Lease

   •   New lease available to approved purchaser

   •   Well-positioned within established shopping village

Reason for Sale

Owner retiring after many successful years.

This is an ideal opportunity for an owner-operator, family operator, or hospitality group seeking a proven, long-standing business with strong foundations and immediate growth potential.

Enquire today to receive further information.

Weekly Summary (approx., incl. GST unless stated otherwise)

   •   Takings: $15000

   •   Cost of Goods: $2625

   •   Rent: $1940

   •   Outgoings: all inclusive on the rent.

   •   Staff wages: $3750

   •   Owner wages: $2000

   •   Insurance: $50

   •   Electricity: $190

   •   Gas: $115

   •   Marketing: $66

   •   Telephone/Internet: $69

   •   Rubbish removal: $100

   •   Subscriptions: $10

   •   Accounting/Bank fees: $445

   •   Pest control: $20

   •   Cleaning: $50

   •   Miscellaneous: $300 Liquor / BAS $900

Net Profit (approx.)

   •   Owner operated: $2370

Lease

   •   Lease period:3 + 3 new. Lease on offer.

Disclaimer

Strictly Confidential

The business name, exact location, financial information, client details and further operational particulars will be provided only to qualified parties upon the execution of a Confidentiality Agreement.

For further information please contact:

Angelo Fournaris · 0410 544 347 · [email protected]

Disclaimer:

All information contained in this advertisement has been provided by the vendor and is believed to be accurate; however, it has not been independently verified by Network Infinity Business Brokers or its representatives. Network Infinity Business Brokers and its agents make no representations or warranties as to the accuracy or completeness of the information provided and accept no liability for any errors or omissions.

Prospective purchasers must rely on their own enquiries, conduct their own due diligence, and seek independent legal, financial and accounting advice prior to proceeding with any transaction.

Images used in this advertisement may be for illustrative purposes only and may not represent the actual business.

Important Notice – Buyer Identification Requirements
In accordance with Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.

Sign the Confidentiality Agreement here