Description

Italian restaurant specialising in pizza & pasta and also many other traditional Italian meat & seafood dishes. This restaurant has a fully equipped kitchen & woodfired Pizza oven, walk in cool room, plenty of storage, toilets and a covered rear courtyard area. Licenced BYO wine only - Corkage $3.50 per person. Seating for 52 inside and 8 outside.

Potential

Huge potential for experienced owner operator to buy this established restaurant and take advantage of the local affluent clientele. Could open for lunches. New long lease available. - Approved footpath dining.

Features

Well established restaurant. - Great location. - Fully equipped kitchen and also wood fired pizza oven. - Loyal clientele. - Same owner operating for last 10 years.

Premises

This restaurant has an area of approx. 150 sq mts including a rear outdoor covered courtyard area.

Location

Fantastic location on a busy main road in the Eastern Suburbs in the heart of a very busy suburb & cafe, restaurant & shopping strip.

Trading Hours

Open for Dinner 7 days - 5 pm 9 pm.

Lease

Landlord will provide a new 5 + 5 yr or 3 + 3yr lease to an experienced operator. - 3 months bond. - CPI increases

Employees

1 Manager + 4 full timers + 4 casuals

Comments

PLEASE NOTE that this business is being sold on a WIWO basis and not being sold on figures. The asking price is well below fit-out and equipment costs. Landlord wants $165K p.a. plus outgoings. The current owner is there only 2 - 3 nights per week.

SBX ID

G1808