Iconic Italian restaurant and Pizzaria, Busy City
fringe location, Super long lease options

Industry: Food/Hospitality - Restaurant, Food/Hospitality - Alcohol/Liquor, Food/Hospitality - Takeaway Food | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : Iconic Italian restaurant and Pizzaria, Busy City fringe location, Super long lease options


Price : $118,000


Category : Food/Hospitality, Restaurant, Alcohol/Liquor, Takeaway Food


This neighbourhood favourite has been operating since 1980. Located in a very busy City fringe suburb, this restaurant is popular with students, business men and women and local residents. Tried and tested recipes ensure that there is something for everyone on the menu.


Also offering dine in and take-away Pizza, a firm favourite with the locals


Key features:



  • Established for over 38 years

  • Lease options until 2031

  • Trades only 5.5 days, Mon-Fri: Lunch and Dinner, Sat Dinner, Sun Closed

  • Liquor licence

  • Seating for 50

  • Busy corner location

  • Pizza take away in addition to dine in menu


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4262604#enquire-now

Annual Rent : $83,200 -
Weekly Rent : $1,600


Annual Turnover : $700,000 -
Weekly Turnover : $13,462


Annual Gross Profit : $485,000 -
Weekly Gross Profit : $9,327


Annual Ebit : $150,000 -
Weekly Ebit : $2,885


Premise : Leased


Lease Commencement : Feb 2016


Lease End : Jan 2021


Lease Option:
5 + 5 years


Total Floor Area : 180 Square Metres



Franchise : No


Approximate Stock Value : $20,000


Year Purchased : 2016


Year Established : 1980


Days Trading : 6


Staff :
2 Full Time - 6 Casual


Staff Salaries : $208,000


Additional Notes : Includes liquor


Reason for Sale : Owner has other business interests


Location : Darlington


Business Potential : Open 7 days, Promote as function venue.

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Business Name / Ref #:
Contact Advertiser
Location:
Darlington
NSW
Asking Price:
$118,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
83200
Trading Hours:
Website:
Contact Details:
1300064.....
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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Iconic Italian restaurant and Pizzaria, Busy City fringe location, Super long lease options ListingImage
About this business

Business Headline : Iconic Italian restaurant and Pizzaria, Busy City fringe location, Super long lease options


Price : $118,000


Category : Food/Hospitality, Restaurant, Alcohol/Liquor, Takeaway Food


This neighbourhood favourite has been operating since 1980. Located in a very busy City fringe suburb, this restaurant is popular with students, business men and women and local residents. Tried and tested recipes ensure that there is something for everyone on the menu.


Also offering dine in and take-away Pizza, a firm favourite with the locals


Key features:



  • Established for over 38 years

  • Lease options until 2031

  • Trades only 5.5 days, Mon-Fri: Lunch and Dinner, Sat Dinner, Sun Closed

  • Liquor licence

  • Seating for 50

  • Busy corner location

  • Pizza take away in addition to dine in menu


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4262604#enquire-now

Annual Rent : $83,200 -
Weekly Rent : $1,600


Annual Turnover : $700,000 -
Weekly Turnover : $13,462


Annual Gross Profit : $485,000 -
Weekly Gross Profit : $9,327


Annual Ebit : $150,000 -
Weekly Ebit : $2,885


Premise : Leased


Lease Commencement : Feb 2016


Lease End : Jan 2021


Lease Option:
5 + 5 years


Total Floor Area : 180 Square Metres



Franchise : No


Approximate Stock Value : $20,000


Year Purchased : 2016


Year Established : 1980


Days Trading : 6


Staff :
2 Full Time - 6 Casual


Staff Salaries : $208,000


Additional Notes : Includes liquor


Reason for Sale : Owner has other business interests


Location : Darlington


Business Potential : Open 7 days, Promote as function venue.

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:83200

Trading Hours:

Website:

$118,000

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