Restaurant – Takeaway – Pizza – Italian Cuisine

For Sale

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City Fringe

Business Code: SFA1037

$140,000
+ Estimated Stock (SAV) $10000
Key Features: Long established - Good reveiws - Ample storage - Loyal clientel - Village atmosphere
State: NSW
Suburb: Rozelle
Location: Situated on street front corner location in a village atmosphere in City fringe.
Premises: This business includes a bar, separate office, ample storage, toilets and disable access , out door terrace, and an area of 160 sq. mt.
Price not disclosed

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Retiring

Sale Reason

15 years

Established

Under cover parking with three spaces - On street parking

Parking

1 owner + 2 full timers + 8 casuals

Employees

6 nights - Tues. - 5 p.m. - 9:30 p.m. - Sun.- 12 p.m. - 3 p.m.

Trading Hours

Currently month to month lease - 3 month bond - Annual CPI increases - New lease available to incoming vendor

Lease

Restaurant serving Italian cuisine and using local fresh produce specialising in seafood, pastas, risotto, pizzas, gourmet & classical, salads and a la carte meals. – Classic and modern Italian dishes. – Full main kitchen with seperate prep kitchen over two levels with walk in cool room, grease trap and exhaust, two deck pizza oven, eight burner stove & one deep fryer. – Fully licensed with bar and under bench fridges – Two POS systems with printers – Uber Eats – Menulog delivery services – Currently 25 seats outside – 40 seats inside

Features

Long established - Good reveiws - Ample storage - Loyal clientel - Village atmosphere

Potential

Increase social media marketing - Increase trading hours - Change menu

Comments

Misc.- 1- Other general expenses and GST - This business prior to Covid was turning over $1.2 million in sales annually. - A must to inspect but please be very discreet.

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$18000
Cost of Goods
$5400
Gross Profit
$12600
Rent
$2000
Wages
$5500
Telephone
$20
Insurance
$111
Electricity
$253
Misc 1
$1384
Total Expenses
$9421
Estimated Stock
(Additional)
$10000
Net Profit
$3179
Price
$140,000
+ Estimated Stock (SAV) $10000
Price
$140,000
+ Estimated Stock (SAV) $10000
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