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Exciting Opportunity To Own A Thriving Italian Restaurant In Newtown! For Sale

Newtown, New South Wales, Australia
Asking Price:
$49,000 (AUD)
Sales Revenue:
Undisclosed
Cash Flow:
Undisclosed

- Categories: Food/Hospitality
Step into the bustling culinary scene of Newtown with this amazing opportunity to own a successful Italian restaurant. Nestled in a prime location, this restaurant offers a delectable menu of classic Italian dishes, including mouth-watering gourmet pizzas, perfect for both dine-in and takeout.

Immerse yourself in the vibrant atmosphere of Newtown with this well-established business that boasts a loyal customer base and consistent weekly sales of around $8,500. The restaurant's trading hours from 11 am to 9 pm provide the perfect opportunity to expand into breakfast service, further increasing revenue potential.

With a lease that extends until March 2025 and a 3+3 year renewal option, you can secure your future in this sought-after location. The rent of $1,600 per week, inclusive of GST, is a competitive rate for the area, offering excellent value for the premises' 74 sqm lettable area.

Take advantage of the fully equipped commercial kitchen and liquor license, ensuring smooth operations and the ability to cater to a wide range of customers. The seating capacity of 24 indoor and 8 outdoor seats provides a cosy dining experience, while the strong foot traffic and ongoing flow of customers guarantee a steady stream of business.

Don't miss out on this unique opportunity to own a thriving Italian restaurant in Newtown. Seize the chance to make this business your own and capitalise on the potential for growth and success. Contact us today to find out more and take the first step towards owning your dream restaurant!