1ST CLASS ITALIAN RESTAURANT WITH FREEHOLD OPTION

Perth Region, WA
Asking Price $895,000 + S.A.V Approx $200,000
Revenue
Profit
About

-  STUNNING INTERNAL FITOUT PURPOSE BUILT WITH FLAIR AND VISION BY EXPERIENCED RESTAURANTEUR

   -  CENTRAL LOCATION WITH DIVERSE CLIENT BASE COMING FROM ALL OVER PERTH

   -  UP SCALE PRESENTATION VIBE AND DÉCOR SURE TO IMPRESS

   -  WELL KNOWN FOR QUALITY ITALIAN FOOD AND WINE

   -  HOLLYWOOD BAR, BEAUTIFUL USE OF MARBLE, STATE OF THE ART AIR CONDITIONER, LIGHTING AND FURNISHINGS THROUGHOUT

   -  BI FOLD GLASS FRONTAGE GIVING A NICE AMBIENCE WHEN WEATHER PERMITS

   -  PRIVATE FUNCTION ROOM AT THE REAR OF PREMISES

   -  VERY STRONG TRACK RECORD OF CONSISTENT FINANCIAL PERFORMANCE

   -  EXTENSIVE WINE LIST WITH STRONG MARGINS

   -  COMMITTED AND EXPERIENCED TEAM OF CHEFS AND WAITSTAFF IN PLACE OVERSEEN BY SINGLE OWNER OPERATOR

   -  RESTAURANT LIQUOR LICENSE

   -  20 YEAR LEASE (4 X 5 YEAR OPTIONS) AVAILABLE AT STARTING RENT OF $12,500 PER MONTH PLUS GST PLUS OGS

   -  FREE HOLD OPTION TO PURCHASE @$2,500,000

   -  SAME OWNER FOR MANY YEARS NOW RETIRING AFTER LENGTHY RESTAURANT CAREER

   -  IMMACULATE PRESENTATION AND RAVING ONLINE REVIEWS ON ALL PORTALS

   -  TRADING LUNCH AND DINNER 6 DAYS PER WEEK

   -  REVENUE APPROX $50,000 PER WEEK AND GROWING

   -  MAGNIFICENT OPPORTUNITY!

TOTAL ASKING PRICE: $1,095,000

PROPERTY PRICE: $2,500,000

PRICE: $895,000 PLUS STOCK OF APPROX $200,000

EXCLUSIVE SELLING AGENT: JONATHON PARKER - xxxxx OR xxxxx

IF YOU WOULD LIKE TO RECEIVE FURTHER INFORMATION ON THIS BUSINESS, SIMPLY COMPLETE AN ONLINE ENQUIRY WITH YOUR DETAILS. A CONFIDENTIALITY AGREEMENT WILL BE SENT TO YOU (IF YOU HAVE NOT COMPLETED ONE WITH PLATINUM BUSINESS SALES BEFORE) AND ONCE COMPLETED AND RETURNED, A DETAILED INFORMATION MEMORANDUM WILL BE FORWARDED FOR YOUR PERUSAL AND CONSIDERATION.

PLATINUM BUSINESS SALES

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IF YOU WOULD LIKE AN UP-TO-DATE MARKET APPRAISAL OF YOUR BUSINESS, PLEASE DO NOT HESITATE TO CONTACT JONATHON PARKER ON xxxxx OR xxxxx

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS

Property Code: 470
        

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Listed By: Last Updated 06 Nov 2025
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Listed By: Last Updated 06 Nov 2025