Pizza Restaurant - Cafe - Italian - PM1058

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$580,000

Description

This authentic Italian restaurant is proud to serve a variety of homemade wood-fired pizzas, tasty pastas, fresh seafood, and delicious Italian desserts. Using only the finest ingredients and authentic recipes, you’ll feel as though you are dining in a trattoria in the heart of Italy! Whether you’re looking for a romantic meal for two, a family feast, a quick catch up with friends, an aperitif to end the evening, or to commemorate a special occasion with a larger group, they have you covered. Open from breakfast to dinner 5 days a week and offering a lovely blend of traditional and modern Italian cuisine all inspired by the family's Italian heritage, they are a thriving local hub drawing regular & repeated custom from many surrounding suburbs too. They are also pleased to provide a diverse range of Australian & European wines, draught beers, cocktails and spirits.

Potential

Introduce in-house delivery to save costs of the delivery aggregators. Promote the cafe element of the business to increase the weekly sales. Open on Sundays to increase revenue.

Features

This local favourite is a hit with every generation and with long time regulars and new customers alike offering top-quality, authentic Italian Cuisine - Great profits - Fantastic Ambiance - Wood Fired Pizza Oven - Fully Equipped Kitchen

Premises

An atmospheric venue, where the ambience and company are as cool and warm as the tastes available. A fully equipped kitchen and an authentic wood fired pizza oven.

Location

Located in North West Sydney, one of the oldest established suburbs in NSW. The perfect location for this thriving and well established authentic Italian pizza restaurant.

Trading Hours

Tuesday to Saturday: 8am to 9pm. Sunday & Monday - Closed

Lease

Commenced 01/07/2022. Expires 30/06/2027 + 1 x 5 year option. 2.5% annual increases. Bond 6 Months.

Employees

1 owner - 4 full time - 12 casual

Comments

Please note the owners salary has been removed from wages and included in profit.

SBX ID

PM1058

Figures
  • Takings: $26561/week (GST)
  • Cost of Goods: $7663
  • Gross Profit: $18898
  • Rent: $2760
  • Wages: $6750
  • Outgoings: $461
  • Telephone: $227
  • Insurance: $180
  • Electricity: $543
  • Gas: $164
  • Misc 1: $1057
  • Misc2: $800
  • Total Expenses: $12942
  • Nett Profit: $5956
  • Equipment (Included): $100000
  • Estimated Stock (Additional): $15000
  • All other values ex GST
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