Business Code:
Other business interests .
Sale Reason
06.2015
Established
Three level free parking opposite restaurant and on street parking also available
Parking
1 owner + 2 chefs + 1 pizza maker + 1 kitchen hand + casuals as required
Employees
6 days - Tues. - Sun. - 5:30 p.m. approx. 10 p.m. - Friday lunch 11.30 am to 3pm - Closed on Mondays .
Trading Hours
Current lease commenced May, 2015 and expires March 2025 with a further 5 year option. - 4 % annual. rental increases - $16500 bond - Outgoings are included in the weekly rent
Lease
Restaurant serving traditional Italian cuisine with a modern touch. Trading one lunch and six dinners. The menu includes seafood dishes, chicken, veal, pizza and pasta, as well as original chef specials on the weekends. For those customers with a sweet tooth, their selection of desserts are all homemade. It also caters for vegetarian friendly, vegan and gluten free options and also has takeaway options. An intimate atmosphere brought on by fairy lights and rustic brick makes the evening enjoyable for all customers. Rave reviews on social media. Seating for approx. 60 – 70 people with potential for more. Weekly sales range between $16,000 to $14,000 p.w. Only Italian restaurant in the local area.The business was established in 06.2015 by the current owners.
Features
Wheelchair Accessible. Very popular with locals. Extremely good google reviews. Great location. Low weekly rent. Fully fitted out. Great reputation. No competition.
Potential
Currently only trading 6 nights and 1 lunch. Potential to open 7 days, breakfast, lunch and dinner - could add more seating - would suit any cuisine depending on the type of an food. The business can also trade as a bar by applying for a different type of liquor licence.
Comments
The landlord is keen to continue to lease the property as it is an investment property. Use of the business name is subject to negotiation between both vendor and purchaser.- Interested parties are not to approach the owner or staff of the business. Please contact your SBX broker for further information.
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