Italian Restaurant Hills District – 6 Short Evenings only
Popular Licensed Italian Restaurant on a busy road in the Hills District.
Open 6 nights for dinner only. From 6pm to 9.30pm.
Imported wood fired Pizza Oven and simple pasta menus means anyone with cooking experience could run this business.
Landlord has indicated he will offer a new 5 plus 5 lease to qualified buyer.
Features of the business include:
- Liquor licence – 7 days to Midnight
- 5 short nights, allowing you time off during the day
- Imported wood fired pizza oven, imported from Naples, costing $35k
- Large modern commercial kitchen with features such as air blanket extraction
- Downstairs cool room and storage area
- Opportunity to increase sales by doing local deliveries
- Seating for 65 indoors and 30 in enclosed outdoor area
- Ideal function venue
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4905680#enquire-nowTo receive further information please complete the below registration: https://www.abbagroup.com.au?p=4905680#enquire-now
Annual Rent : $61,090 - Weekly Rent : $1,175
Annual Turnover : $600,000 - Weekly Turnover : $11,538
Annual Gross Profit : $430,000 - Weekly Gross Profit : $8,269
Annual Ebit : $200,000 - Weekly Ebit : $3,846
Lease Commencement : Jun 2016
Lease End : Jun 2019
Lease Option: 3 years
Total Floor Area : 160 Square Metres
Franchise : No
Approximate Stock Value : $7,000
Year Established : 2016
Days Trading : 5
Staff : 3 Full Time - 3 Casual
Staff Salaries : $130,000
Reason for Sale : Moving overseas
Business Potential : Open Lunch on Weekends. Invest in marketing. Increase functions. Deliveries.
Parking Comments : Ample parking
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