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Cafe - Restaurant - Italian Cuisine - Cafe - Italian Restaurant - $3200 Weekly Nett- Upper North Shore - Seats 68 For Sale

Sydney, New South Wales, Australia
Asking Price:
$295,000 (AUD)
Sales Revenue:
$478,400 (AUD)
Cash Flow:
$169,520 (AUD)

Restaurant - cafe - currently only trading for dinner serving classic italian cusine with a seafood emphasis. - Excellent loyal suppliers provide quality produce yet the restaurants cost of goods is only 21% of turnover.- Specials change regularly with seafood and pasta prominent. - The business features a fully equipped excellent kitchen and the ample counter area within the restaurant prominently displays the fully owned coffee machine. -Suspended trestles within the pitched ceiling display potted flora adding to the overall feel of the space. - Fully licensed - 48 seats inside - 20 seats outside.

Potential
Daytime cafe operation will double turnover.- Capture early morning coffee trade.- Open for brunch and lunch - Business is fully set up for daytime cafe operation.

Features
Very well established. - Loyal clientele - Excellent reputation. - Quality suppliers. Stable staffing. - No additional fee or rent for alfresco dining area. - Excellent website - Limited competition.

Premises
Light filled open space with pitched ceiling producing a casual refined ambience with alfresco seating comprising 80 sq. mts.

Location
Conveniently located on main arterial road in a small suburban shopping centre featuring a supermarket on Upper North Shore.

Trading Hours
7 days - 6 p.m. to late

Lease
Current lease expires August 2028. - -.-.-. increases - 3 month security deposit.

Employees
1 owner, + 1 fulltime chef + 4 casuals

Comments

Property Information

Location:

Conveniently located on main arterial road in a small suburban shopping centre featuring a supermarket on Upper North Shore.

Business Operation

Expansion Potential:

Daytime cafe operation will double turnover.- Capture early morning coffee trade.- Open for brunch and lunch - Business is fully set up for daytime cafe operation.

Trading hours:

7 days - 6 p.m. to late

Employees:
1 owner, + 1 fulltime chef + 4 casuals
Years established:
1988

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