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Restaurant - Italian - Pizza - Mediterranean - Seafood - Restaurant - North West Sydney - Italian . Pizza - 90 Plus Seating For Sale

Sydney, New South Wales, Australia
Asking Price:
$165,000 (AUD)
Sales Revenue:
$1,040,000 (AUD)
Cash Flow:
$156,000 (AUD)

Restaurant - Italian - Mediterranean - Pizza catering for all types of different functions such as office parties, christenings, confirmations, birthday parties. - Sells pastas, bosciola, marinara, etc. - Same original owners retiring after 17 years running the business - .Selling at way below original fit out cost. - Pre covid weekly sales were $32,000 per week. - Current weekly sales are $15,000 pw. - .Great ground floor opportunity for someone to get into the food industry.Buyer must be experienced.

Potential
Classic Italian pizza, pasta and seafood in a casual space with an open kitchen and broad wine list. - More social media advertising on facebook and instagram. - Could benefit from a new young keen owner with new food ideas to add to the existing menu.

Features
Air conditioned - Alfresco dining - Disabled access - Fully licenced - Catering -Corporate Functions - Set menus or banquet menus -Award winning menu. - Well known for its friendly service from both the owners and the staff

Premises
Open restaurant, fully lit with large windows showing the restaurant and the guests from the outside with a total area of 300 sq. mts.

Location
Great location inside major corporate business park in North West Sydney.

Trading Hours
6 days - Mon. - 8 a.m. - 3 p.m. - Tues. - Fri. - 8 a.m.- 3 p.m. - 5 p.m.- 9 p.m. - Sat. - 5 p.m. - 9 -.-.------ Closed

Lease
Current lease expires Feb. 2025 - 3% annual rental increases - 3 month bond-New lease may be available to a new purchaser.

Employees
One full time owner + one part time owner (chef) + 2 chefs + 2 full timers.

Comments

Property Information

Location:

Great location inside major corporate business park in North West Sydney.

Business Operation

Expansion Potential:

Classic Italian pizza, pasta and seafood in a casual space with an open kitchen and broad wine list. - More social media advertising on facebook and instagram. - Could benefit from a new young keen owner with new food ideas to add to the existing menu.

Trading hours:

6 days - Mon. - 8 a.m. - 3 p.m. - Tues. - Fri. - 8 a.m.- 3 p.m. - 5 p.m.- 9 p.m. - Sat. - 5 p.m. - 9 -.-.------ Closed

Employees:
One full time owner + one part time owner (chef) + 2 chefs + 2 full timers.
Years established:
2004

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