SBX Business Brokers Phone : 02 9439 ****

Restaurant - Pizza - Italian Cuisine - Takeaway - Great business

Listing Id : 233101

Location : New South Wales

Category : Restaurant

Asking Price : 299,850

Business description

Restaurant - Pizza - Italian Cuisine - Takeaway - Northern Beaches - Agent SBX Code Number: F3212 Restaurant serving authentic Italian cuisine including starters, salads, meatballs, salads, pizza, calzone, pasta and other Italian mains and desserts. - 70% of sales are pizza. - Well equipped kitchen with coolroom - 50 seats inside - 40 seats outside - Licenced - The restaurant has been running for many years and has recently been refurbished. - Great staff and plenty of potential for enthusiastic owners. Potential Two owners working could reduce wages. - Expand home delivery service. - Increase local social media marketing. - Extend opening hours. - Introduce specials nights. Features Great Northern Beaches location surrounded by residential and several hotels. - Long lease. - Well established. - Great working hours. - Under management - 2500 people on database mailing list. - Easy to run. Premises Licenced for 90 patrons with indoor & outdoor covered garden area and an area of 150 sq. mts. Location Prime street front location of busy beach side suburb well known with tourists. Trading Hours 7 nights - 5 p.m. to 10 p.m. - Liquor license from 10 a.m. to 12 a.m.. Lease Current lease expires Oct. 2**** **** + 5 + 5 year options. - 3% annual rent increases - rental bond $22,880 Employees I owner + 2 pizza cooks + 1 kitchen cook + 3 casuals . Comments Local icon with wide appeal. -17% growth over past 4 years. - Profit shown is for two working owners with reduced wage costs. - Current owner runs the business under full mangement . - Operating manuals in place- Financial figures are available. - A must to inspect. The business has its own online ordering system with solid takeaway trade. Figures Weekly Sales $17500 Rent (ex GST) $2217 Wages $2600 Profit $6000 Agent SBX Code Number: F3212 - SBX Business Brokers


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