Business Code:
Owner has family health reasons that she must devote time to.
Sale Reason
2022
Established
CBD parking stations
Parking
1 Manager + 3 full timers + 4 casuals
Employees
6 days - Monday to Saturday: Lunches & dinner
Trading Hours
10 year lease commenced March 2022. - 3% annual Increases. - 3 months bond or bank guarantee
Lease
Italian Restaurant & Wine Bar newly designed in prime CBD location where you can be seated at the marble bar and enjoy an Italian inspired cocktail or craft beer, enjoy a long lunch or dinner, or meet friends at the outdoor tables overlooking the piazza and water feature for after-work drinks and antipasta. The experience is yours for the choosing. Catering for special celebrations or corporate events whether it be business luncheons, birthday celebrations, media events, private dining or semi and full venue events, the specialist team will be on hand to make sure your event is seamless and spectacular. Seating for 115 people.
Features
Busy & well established Restaurant & Bar with great reputation. - Great CBD location. - Great fit out. - All the hard work has been done. - Not a penny to spend. - Long Lease.
Potential
Huge potential for a hands on owner operator to build this business & reduce wages now that the CBD is returning to the pre-covid destination for office lunches and after work entertainment. Potential to open for breakfast Monday to Friday.
Comments
The figures for this business being shown are a weekly average from the 2024 FY Profit & Loss. Serious buyers must be experienced to enable the assignment of the lease.
Featured Businesses For Sale
Cafe – Takeaway – Charcoal chicken
South West Sydney
NSW
Nett Profit: $7360
$450,000.00Entertainment – Play Centre
Western Suburbs
NSW
Nett Profit: $6903
$659,000.00Retail – Online – Computer – Internet.
Western Sydney
NSW
Nett Profit: $2098
$128,000.00Burgers-Takeaway-Casual Dining-Under Management
Upper North Shore
NSW
Nett Profit: $6750
$450,000.00Cafe – Coffee Shop – Takeaway
South Coast NSW
NSW
Nett Profit: $2210
$112,500.00Franchise – Repairs – Business Opportunity – Automotive – Tinting – Signage
North Coast NSW
NSW
$27,000.00
Related Businesses For Sale
Equipment Hire – Building and Construction – Under management
Southern Highlands
NSW
$2,950,000.00Sushi Train – Restaurant – Takeaway -Sake Bar
North West Sydney
NSW
Nett Profit: $9649
$589,000.00Restaurant – Sushi Train – Takeaway
South West Sydney
NSW
Nett Profit: $5900
$295,000.00Burgers-Takeaway-Casual Dining-Under Management
Upper North Shore
NSW
Nett Profit: $6750
$450,000.00Under Management – Fruit Market – Supermarket
Inner West
NSW
Nett Profit: $20273
$2,200,000.00Cafe – Restaurant – Takeaway – Major Event Location – Under Management
Inner West
NSW
Nett Profit: $5442
$529,000.00