Pizza & Pasta Restaurant – Takeaway

For Sale

·
Eastern Suburbs

Business Code: G1817

$275,000
Key Features: Great location. - Close to beach and park. - Great reputation. - Popular among locals during the evening.
State: NSW
Suburb: La Perouse
Location: Well located close to beach and across from a park in the Eastern Suburbs with plenty of foot traffic and parking.
Premises: This restaurant & takeaway has an area of approx 250 sq mts.

Owner wants to retire.

Sale Reason

2015

Established

Plenty street parking

Parking

1 owner + 3 casuals

Employees

7 days - 11 am to 8 pm

Trading Hours

3 year lease + 3 yrs option commenced June 2021 - 3 months bond. - Annual Increases 5%. - The landlord has given verbal approval that he is happy to increase the options long term for the new owner.

Lease

Traditional Italian Pizza & Pasta restaurant dine-in and takeaway in a very nice beachside location. This restaurant is a top-rated pizza spot with a customer rating of 4.85. The restaurant offers a rich variety of Italian dishes, specialising in both traditional and gourmet pizzas as well as a selection of pastas, risotto, and lasagne, chicken and veal plus a selection of salads and sides. Seating for 40 inside.

Features

Great location. - Close to beach and park. - Great reputation. - Popular among locals during the evening.

Potential

Limited competition in the area. - Could easily grow the business with marketing home delivery. - Potential to grow with social media marketing.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$8077
Cost of Goods
$2292
Gross Profit
$5785
Rent
$1458
Wages
$800
Insurance
$39
Electricity
$288
Total Expenses
$2585
Net Profit
$3200
Price
$275,000
Price
$275,000

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