SBX Business Brokers Phone : 02 9439 **** SBX Business Brokers
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Restaurant - Bar - Pizzeria- takeaway - Under Management - Established over 40 years

Listing Id : 195341

Location : New South Wales

Category : Restaurant

Asking Price : 125,000

Business description

Restaurant - Bar - Pizzeria- takeaway - Under Management - Sydney City Fringe - Agent SBX Code Number: SF1363 Restaurant - takeaway - pizza serving authentic Italian food cooked fresh daily for lunch, dinner and takeaway. - Suitable for groups, parties and celebrations. - Very good trade in takeaway pizzas. - Fully licensed with a large bar - Full kitchen - 50 seats inside and 6 seats outside. Potential Advertise and promote lunches and expand functions - Open more hours - Open on Saturday and Sunday for lunch - This business would make an ideal bar - Suit any cuisine or tapas bar. - Would also suit a motivated new owner or couple Features Fantastic corner position - Very well established business for over 40 years - Loyal clientele - Popular Saturday market nearby - Lots of foot traffic - Under Management Premises Heritage building with a full bar, reception area, toilets, storage area and an area of 180 sq. mtrs. Location Situated near theatres, university, markets, businesses and in a high density residential area in the City fringe. Trading Hours 5.5 days - Mon. - Fri. - 11 a.m - 3 p.m. - 5 p.m. - 10 p.m. - Sat. - 5 p.m. - 10 p.m. Lease Current lease expires Jan .2**** **** + 5 + 5 year options - C. P.I. increases - 3 month bond Employees 1 Manager + 2 fulltimers + 6 casuals Comments Misc 1 Other general expenses - 2. Outdoor seating - A new business park will be constructed nearby attracting new customers in the future - The managers wage 0f $800 p.w. has been removed from wages and shown in net profit! - A must to inspect but please be discreet Figures Weekly Sales $15100 Rent (ex GST) $1500 Wages $4300 Profit $3595 Agent SBX Code Number: SF1363 - SBX Business Brokers


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