Cash Cow Licensed Italian Restaurant

Rockingham WA · Food & Drink

Last asking price $945,000

Sold November 2023

This business is no longer available

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INSTITUTION VERY WELL-ESTABLISHED LICENSED RESTAURANT - ITALIAN FAMILY DINING

ISOLATED AND CAPTIVE CLIENTELE - NO IMMEDIATE COMPETITION FOR ITALIAN FOOD IN THE AREA

LOVED BY THE LOCALS - SECURE REGULAR CLIENT BASE

DELIGHTFUL ALFRESCO DINING AREA ENJOYING WATER VIEWS

LARGE WELL-PRESENTED PREMISES - APPROX. 338SQM - LARGE SEATING CAPACITY

SALES $2,500,000 PA EXCLUDING GST - (5 DAY TRADING ONLY)

WEEKLY SALES IN EXCESS OF $60,000

POTENTIAL TO OPEN MONDAY AND TUESDAY ALSO AND INCREASE FURTHER

VERY STRONG PROFITS AND DOCUMENTED FINANCIAL STATEMENTS

LIQUOR LICENSE WITH ETP AND PENDING RESTRICTED TAVERN LICENSE

FULL TEAM OF STAFF IN PLACE

ONE TO GET EXCITED ABOUT! APPROX. 60% RETURN ON INVESTMENT PER ANNUM!!

A RESTAURANT THAT WILL NOT MISS A BEAT AND YOU'D BE PROUD TO OWN AND OPERATE!

ASKING $945,000 PLUS $50,000 - $995,000 TOTAL ASKING PRICE

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