Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Italian Cuisine - Wine Bar - Cafe - Takeaway - Pizza - Restaurant - Wine Bar - Italian - Pizza - Lower North Shore - Nett $3,910 Pw For Sale

North Sydney, New South Wales, Australia
Asking Price:
$299,000 (AUD)
Sales Revenue:
$656,760 (AUD)
Cash Flow:
$203,320 (AUD)

Restaurant - Wine Bar - Cafe- takeaway offering home-made traditional Italian cuisine for lunch and dinner and coffee in mornings for the large foot traffic of morning train travellers. - The menu consists of a selection of pastas & risotto, salads and pizzas plus assorted mains & deserts - The restaurant is fully licensed with seating for approx. 70 people.

Potential
Could add takeaway food. - Could open up at 6am for coffee & pastries to take advantage of early passing traffic. - Could do more Social Media marketing. - Could promote office catering.

Features
Location location location - Huge passing foot traffic. - Established since 1965 - Regular clientelle.- No 1 on Trip Advisor for suburb. - Only 2 owners in the last 40 years. - Preferred Italian restaurant from nearby hotels.

Premises
This restaurant has an area of 113 sq. mt. including open dining area & espresso & wine bar and full kitchen.

Location
Well located in Lower North Shore CBD between the train station & 2 hotels & close to many major commercial businesses.

Trading Hours
5 days -Mon. - 9 a.m. - 3 p.m. - Tues. - Thurs. - 9 a.m. to 8 p.m. - Fri.- 9 a.m. - 9 p.m. - Sat. -5.30 p.m. - 9 p.m.

Lease
5 year lease + 5 year option commenced August 2016 - 6 months bond - 5% annual increases.

Employees
2 owners + 2 fulltimers + 4 casuals

Comments

Property Information

Location:

Well located in Lower North Shore CBD between the train station & 2 hotels & close to many major commercial businesses.

Business Operation

Expansion Potential:

Could add takeaway food. - Could open up at 6am for coffee & pastries to take advantage of early passing traffic. - Could do more Social Media marketing. - Could promote office catering.

Trading hours:

5 days -Mon. - 9 a.m. - 3 p.m. - Tues. - Thurs. - 9 a.m. to 8 p.m. - Fri.- 9 a.m. - 9 p.m. - Sat. -5.30 p.m. - 9 p.m.

Employees:
2 owners + 2 fulltimers + 4 casuals
Years established:
40 years

Contact SBX Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to SBX Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here