Restaurant - Takeaway - Italian Cuisine - Takeaway -Sutherland Shire- Restaurant - 5 nights - Sales $18,500 p.w. - SF1584

Industry: Professional - All, Professional - Brokerage, Professional - All, Professional - Brokerage | Listed by: SBX Business Brokers


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About the business

Restaurant - Takeaway - Italian Cuisine - South Sydney - Agent SBX Code Number: SF1584

Cafe - Restaurant - Takeaway and currently serving fresh Italian food including pastas, salads, seafood, steaks, desserts, cold drinks and coffee. - Fully licensed with an on premise license - Fully equipped and modern kitchen - 60 seats inside and 40 alfresco seats outside - New renovation with coffee area completed and the business now open for day trade as well from February 2022 - Equipment list available

Potential
Could open more hours - Vendor has already started to build up the coffee and takeaway side of the business - Increase social media presence - Suit any cuisine.

Features
Great location - Well established - Local favourite - Full stainless steel kitchen fit out - Low rent - Wide footpath and good alfresco seating area - In a shopping village

Premises
Single storey cafe on shopping strip with alfresco dining and wide street pavement, plenty of parking and an area of 209 m2

Location
Situated in a busy shopping village strip with cafes, retail, restaurants and close to the train station on a busy main road in the South of Sydney

Trading Hours
5 days - Tues. - Thurs. - 6 p.m. - 10 p.m and Fri. & Sat. - 6 p.m. - 11 p.m. -Lunch Fri, Sat and Sun 8 am - 3 pm

Lease
Current lease expires Sept. 2022 + 5 + 3 year option - CPI yearly increases - 3 month bond

Employees
2 owners (Wages shown in profit) + 1 apprentice + 1 part time +. 4-6 casuals

Comments
Misc.- 1 - Other general expenses and GST.- The coffee machine is owned by the vendor - First time on the market in 10 years. Vendor has already started to build up the coffee and takeaway side of the business - A recent renovation is roughly valued at $100,000 which consisted of new coffee bar down the front of the restaurant, new banquet/booth seating down one side of the dining room, full repaint of the dining room and bathrooms, new doors on bathroom cubicles and main airlock, new signage on outside of building, new clear plastic blinds in alfresco area, decorative and splash back tiling in new bar and dining room - also upgraded a lot of equipment including fridges, new coffee machine, grinders, automatic tampers, new composite marble tables and bases. A must to inspect but please be discreet!

Figures
Weekly Sales $18500
Rent (ex GST) $932
Wages $3500
Profit $7033


Agent SBX Code Number: SF1584 - SBX Business Brokers
Know someone that could be interested in this?
Asking Price:
$348,000
Yearly Profit :

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Country

Australia

State

New South Wales

Suburb

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Postcode

2227

Locality

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Established on
1988

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

EmailEmail Address

Email Broker Verified

Advertiser Details
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New South Wales
Australia
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