Italian Restaurant & Cocktail Bar Secure Turnover & Growth Surry Hills Sydney

Italian Restaurant & Cocktail Bar | Surry Hills Sydney
* Established for over 12 years on the outskirts of Sydney CBD
* Consistently strong and secure turnover
* Licensed cocktail bar serving great Italian meals
* Reasonable rent with lease until May 2028 + 3 + 3 year options (CPI increase)
* Run under management with owner support for admin.
* Trading Wednesday to Sunday (dinners + Saturday lunch)
* 50 indoor seats + 20 outdoor undercover seating
* Modern renovated kitchen with walk-in cool room, grease trap & exhaust
* Stylish, quirky fit-out in a unique location
* Great opportunity to expand trading to breakfasts and weekday lunches
* Established brand prescence, recognised and trusted brand with a loyal following, strong online visibility, and excellent reputation in the local community.

A rare opportunity to acquire a thriving Italian restaurant and cocktail bar with strong foundations and room for further growth.

Current Trading Snapshot
* Trading 5 days, 5 dinner Sat lunch, Closed Monday and Tuesday

Weekly Summary (approx., incl. GST unless stated otherwise)
* Takings: $20,000
* Cost of Goods: $6000
* Rent: $1956
* Outgoings: included in rent
* Staff wages: $6000
* Owner wages: $1000
* Insurance: $126
* Electricity: $450
* Gas: $70
* Marketing: $O
* Telephone/Internet: $30
* Rubbish removal: $150
* Subscriptions: $30
* Accounting/Bank fees: $120
* Pest control: $20
* Cleaning: No
* Miscellaneous: $

Net Profit (approx.)
* Under management: $ 4000
* Owner operated: $5000

Lease
* Lease period: May 2028
* Options: 3 + 3
* Increases: CPI

Contact: Angelo Fournaris · 0410 544 347 · [email protected]

Disclaimer: Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.

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