Network Infinity Phone : (02) 81 **** Mike Arvythis
04 11 ****

Newly renovated Restaurant in Sydney South East For Sale. High turnover.

Listing Id : 182287

Location : New South Wales

Category : Restaurant

Asking Price : $389,000

Business description

EXCLUSIVE TO NETWORK INFINITY A newly renovated Italian Trattoria Bar & Grill that has captive market and exceeded everyone's expectations. Currently run Under Semi Management. The business has built its reputation on solid foundation over 38 years, reflecting in its weekly turnover of $ 26,000 + (Trial available). Over the festive period, it reaches over $ 40 K + Its newly renovated premises has a New York feel to it, with no expenses being spared, featuring top of the line fixtures and fittings throughout. Its lofty timber slated ceilings and exposed timber walls has created a rustic ambience inside. Elaborated by its open theatrical kitchen which has dedicated seating along the countertop, giving its diners an intimate interactions with the "heart and soul " of this establishment. The layout has been strategically designed with conscious mind to give their patronages the best dining experience. It has the cocktail bar area, open deck alfresco seating and multiple indoor/outdoor areas to cater for any private functions. A restaurant business that still has the life/work balance very well, only trades for 4 lunches and 5 dinners. You will have your Sunday and Monday off. This is by current owner's personal choice, the business itself is actually craving for more hours and will grow even more if it is open for breakfast/lunch and throughout the week. Woodfired pizza, coolroom, cocktail bar area, POS system are just a few of the extensive facilities you will get with this business. Over 400 sqm in size, including a 2 bedroom apartment upstairs which is self-contained with separate entrance. It has 2 street- frontage, a rear entrance to the courtyard that could also be used for 3 car-parking. It is located in one of the growing suburbs of South East Sydney, with numerous developments in the surrounding. Mix with a well established village setting. Highly disposable income with diversely mix demographic made up by young professionals and families, this is a booming area that still has enormous untapped potential. Virtually no direct competition for such business in the immediate surrounding, a restaurant with such a fresh approach to the whole dining experience. Current owner willing to assist with smooth transition, training will be provided if needed. It has future bookings well in-advanced. An advantage for new owner as you will reap the rewards as soon as you walk-in. Only 4 days and 5 nights trading !!! Huge potential to increase the revenue over $2 Mill p.a based on this solid foundation. FOR FURTHER INFORMATION OR HELP REGISTERING ON OUR SITE, PLEASE CONTACT MIKE ARVYTHIS **** ****

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