Pizza & Pasta Restaurant - Takeaway - G1817

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$275,000

Description

<p>Traditional Italian Pizza & Pasta restaurant dine-in and takeaway in a very nice beachside location. This restaurant is a top-rated pizza spot with a customer rating of 4.85. The restaurant offers a rich variety of Italian dishes, specialising in both traditional and gourmet pizzas as well as a selection of pastas, risotto, and lasagne, chicken and veal plus a selection of salads and sides. Seating for 40 inside.</p>

Potential

Limited competition in the area. - Could easily grow the business with marketing home delivery. - Potential to grow with social media marketing.

Features

Great location. - Close to beach and park. - Great reputation. - Popular among locals during the evening.

Premises

This restaurant & takeaway has an area of approx 250 sq mts.

Location

Well located close to beach and across from a park in the Eastern Suburbs with plenty of foot traffic and parking.

Trading Hours

7 days - 11 am to 8 pm

Lease

3 year lease + 3 yrs option commenced June 2021 - 3 months bond. - Annual Increases 5%. - The landlord has given verbal approval that he is happy to increase the options long term for the new owner.

Employees

1 owner + 3 casuals

Comments

SBX ID

G1817

Figures
  • Takings: $8077/week (GST)
  • Cost of Goods: $2292
  • Gross Profit: $5785
  • Rent: $1458
  • Wages: $800
  • Insurance: $39
  • Electricity: $288
  • Total Expenses: $2585
  • Nett Profit: $3200
  • All other values ex GST
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