Mentored Business Sales And Acquisitions Phone : 1800 85 ****
Nick Poulos
0410 ****

0410 ****


Authentic Italian Restaurant in Prime Northwest Sydney Location

Listing Id : 270204

Location : New South Wales

Category : Restaurant, Takeaway Food, Cafe and Coffee Shop

Asking Price : $350,000 + SAV

Business description

Short Summary A charming, well-established Italian restaurant serving authentic Italian cuisine, in a prime town-centre location. Location Details Operates out of a tastefully renovated, heritage cottage in close proximity to the main shopping centre and busy town. Potential There are excellent opportunities for growth, particularly around an expansion of its current trading hours to include additional lunch services. Skills This business would suit a buyer with experience in hospitality, who is looking for an established and well-regarded business. There is the option of stepping into the current owner's hands-off role or taking on a more active role in the business as an involved owner-operator. Hours Tuesday to Saturday 5:30 - 9:00pm Sunday 12:00 - 3:00pm Lease Lease expiry January 2**** **** 1 x 5-year option Employees 12 x Staff members History Established in 20**** **** About the Business The business occupies a good-sized site that seats approx. 90 patrons across internal and external seating and multiple rooms. The premises are a charming heritage cottage, located in a corner location with ample foot traffic and parking. The restaurant has been located in the same building since inception, ensuring it is well known and a key part of the local community. Key facts about this business: - Authentic Italian pasta, risotto and meat and seafood dishes with seasonal offerings - A la carte menu and a set menu for large groups - Fully licensed and BYO - Excellent reputation and popular business that is an integral part of its local community - Lease expiring in 2**** **** plus an option for an additional 5 years - Profitable business with opportunities to extend opening hours For more information on this opportunity, please contact the undersigned: Nick Poulos Business Sales Specialist Mentored Business Sales, Corporate Business Sales & Acquisitions M:**** **** T: 1800 858 696 E: npoulos@mentored.com.au Disclaimer: Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.


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