For Sale Southern Suburb Italian Restaurant 18 Years Est Good Low Rent

Gymea NSW · Restaurant · Italian Restaurant

Restaurant Italian Restaurant European Restaurant

Asking price $259,000

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Not checked by Business For Sale

01 · THE OVERVIEW

About this business

Full description, as written by the broker

Turn Key Business

Perfect Opportunity Italian Restaurant In this Popular Affluent Suburb in the South of Sydney.

It will be very hard to find an Italian Restaurant with this Amazing Space and so well Established for Years.
Large well fitted out and beautiful space with plenty of seating , kitchen and storage .
It has got so much potential to grow with a savvy operator.
Currently Turning over $ 18,000.00 PW in just 6 Days.
Its cost of goods come in at 27% due to its great Margins.
Lease is 5 +3 +3 with Only $ 1038.00 Rent ( inclusive of GST ) , which is very good given the location its holding.
Wages are at $ 3,500.00 Per Week plus owner wages at $ 1,000.00 per week.
It has been Established over 17 Years with current owner for 12 years and always showing great numbers.
Seating is for 60 Indoor and 20 Outdoor , space is 220sqm.
Lifestyle Business with Great hours in just 6 Days.
Also Closed 3 Weeks for the Summer Christmas Break .
Owner will pass on his knowledge and experience to the incoming buyer for a smooth transition.

This is a great opportunity to take over a great business and create a new Income for yourself.

Make No Mistake !!!

As an Italian Restaurant,

this business is as good as it gets...

For Further Inquiries and Information on this Business

PLEASE CONTACT THE AGENT

CHRIS MINAS

02 · KEY FACTS