Restaurant - Italian Cuisine - G1777

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$150,000

Description

Restaurant serving authentic Italian cuisine which is renowned for its local fresh produce and offering a selection of entrees, pastas, pizzas, gourmet mains & classical salads and a range of Italian desserts. - Classic and modern Italian dishes. - BYO wine & beer . All the recipes are family traditions that the owners have used and loved at their family gatherings for decades. - Fully equipped kitchen - Currently seating 40 inside & 20 outside.

Potential

Could increase the social media marketing. - Potential to increase trading days & open for lunch service.

Features

Prime location. - Well established business. - Regular customer base. - Cute venue with huge potential. - No competition.

Premises

This restaurant has an area of approx. 75 sq mts.

Location

Well located in the Inner West on a main road in a busy shopping village with great exposure.

Trading Hours

5 days - 5 pm to 9:30 pm. - Closed Monday & Tuesday.

Lease

3 year lease expires November 2024 - 3 month bond - CPI Increases. A new longer lease will be made available to a new owner.

Employees

2 owners + 6 casuals

Comments

SBX ID

G1777

Figures
  • Takings: $12000/week (GST)
  • Cost of Goods: $3500
  • Gross Profit: $8500
  • Rent: $1200
  • Wages: $1800
  • Outgoings: $150
  • Telephone: $40
  • Insurance: $75
  • Electricity: $210
  • Gas: $50
  • Misc 1: $200
  • Misc2: $300
  • Total Expenses: $4025
  • Nett Profit: $4475
  • Equipment (Included): $50000
  • Estimated Stock (Additional): $10000
  • All other values ex GST
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