Restaurant – Italian Cuisine

For Sale

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Inner West

Business Code: G1777

$150,000.00
+ Estimated Stock (SAV) $10000
Key Features: Prime location. - Well established business. - Regular customer base. - Cute venue with huge potential. - No competition.
State: NSW
Suburb: Drummoyne
Location: Well located in the Inner West on a main road in a busy shopping village with great exposure.
Premises: This restaurant has an area of approx. 75 sq mts.
Price not disclosed

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Owners are selling due to health reasons.

Sale Reason

30 years

Established

Council car park behind shop.

Parking

2 owners + 6 casuals

Employees

5 days - 5 pm to 9:30 pm. - Closed Monday & Tuesday.

Trading Hours

3 year lease expires November 2024 - 3 month bond - CPI Increases. A new longer lease will be made available to a new owner.

Lease

Restaurant serving authentic Italian cuisine which is renowned for its local fresh produce and offering a selection of entrees, pastas, pizzas, gourmet mains & classical salads and a range of Italian desserts. – Classic and modern Italian dishes. – BYO wine & beer . All the recipes are family traditions that the owners have used and loved at their family gatherings for decades. – Fully equipped kitchen – Currently seating 40 inside & 20 outside.

Features

Prime location. - Well established business. - Regular customer base. - Cute venue with huge potential. - No competition.

Potential

Could increase the social media marketing. - Potential to increase trading days & open for lunch service.

Comments

n/a

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$12000
Cost of Goods
$3500
Gross Profit
$8500
Rent
$1200
Wages
$1800
Telephone
$40
Insurance
$75
Electricity
$210
Misc 1
$200
Misc 2
$300
Total Expenses
$4025
Estimated Stock
(Additional)
$10000
Equipment
(Included)
$50000
Net Profit
$4475
Price
$150,000.00
+ Estimated Stock (SAV) $10000
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