Unique Authentic Italian Restaurant in Northern Suburbs

Price: $299,999 Location: North Shore - Upper, NSW Ref: 4947317
Agent:
David Ciantar
Agent Phone:
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Business Headline :
Unique Authentic Italian Restaurant in Northern Suburbs
Price :
$299,999
Category :
Food/Hospitality, Retail, Restaurant, Food/Beverage, Cafe/Coffee Shop
Full Description :

 

This authentic Italian restaurant has a loyal following amongst the North Shore. This current owners have grown this business and have had 4 successful years at this premises and would now like to focus their attention on their other ventures. 

The modern fit out lends itself to any type of cuisine. 

The restaurant trades 6 nights a week and has the potential to expand over lunch time- as well as capitalising on home delivery platforms. 

A great location, affordable rent and a loyal folliowing make this business an excellent venture for an aspiring chef, hospitality person, or entrepreneur who wants a restaurant with an excellent reputation. 

It has capacity for 80 seats and is also close to a 3 storey car park, located just behind the restaurant. 

Definitely worth a look at!

 

To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4947317#enquire-now

To receive further information please complete the below registration: https://www.abbagroup.com.au?p=4947317#enquire-now

Annual Rent : $63,158 - Weekly Rent : $1,215

Annual Turnover : Not Disclosed - Weekly Turnover : Not Disclosed

Annual Gross Profit : Not Disclosed - Weekly Gross Profit : Not Disclosed

Annual Ebit : Not Disclosed - Weekly Ebit : Not Disclosed

Premise : Leased

Lease Commencement : Apr 2015

Lease End : May 2020

Lease Option: 5 years

Total Land Area : 90 Square Metres

Total Floor Area : 90 Square Metres

Total No of Parking : 2

Franchise : No

Approximate Stock Value : $3,500

Year Purchased : 2015

Year Established : 2015

Days Trading : 6

Staff : 1 Full Time - 3 Part Time - 5 Casual

Staff Salaries : $135,200

Property Url : www.portoazzurro.com.au

Reason for Sale : relocating

Location : North Shore

Business Potential : longer trading & deliveries

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