- Listing ID: 896713
Gold Coast Licensed Italian Restaurant And Take Away For Sale
- Location:
-
- Australia
- > Queensland
- > Gold Coast
- > Gold Coast
- Category:
-
- Food
- > Cafes
- > Pizza Delivery
- Type:
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Summary
- Asking price:
- $325,000 (Furniture / Fixtures included)
- Sales revenue:
- $450,000
- Cash flow:
- Available on request
- Years established:
- More than 20 years.
- Employees:
- 6 casual employees.
)
Business description
>Established over 20 years
>Open 5 nights per week
>Closes over Christmas for 10 Days
>Recently totally refurbished
>Steady turnover with good nett to working owners
>Suit couple or family
>Plenty room for growth
>Dine in, takeaway & home delivery
Property information
- Real Estate:
- Lease
- Lease terms:
- Expires Sep 2010 with 3 year option.
- Leasehold rent:
- $43,308pa including Outgoings per annum
- Location:
- The restaurant is located in the upmarket Gold Coast suburb of Sorrento, with over 5000 homes within 2kms.
Other information
- Expansion potential:
- As the business only trades 5 nights per week there is plenty of scope to open more nights and even 2 or 3 lunches. The takeaway and home delivery side of the business is open to expansion with expertise in marketing pizza & pasta.
- Competition / Market:
- The nearest restaurant is over 2km away.
- Reasons for selling:
- The reason the owners are selling this profitable lifestyle business is a desire to return to "business hours" and also take an extended family holiday.
- Trading hours:
- Wednesday - Sunday 5.30pm till 8.30pm (kitchen hours)
- Furniture / Fixtures value:
- $200,000 (included in the asking price)
- Inventory / Stock value:
- $10,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- Australia
- > Queensland
- > Gold Coast
- > Gold Coast
- Food
- > Cafes
- > Pizza Delivery
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