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Restaurants For Sale in Central Tablelands NSW

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Authentic Italian Restaurant In Prime Northwest Sydney Location

Location:Central Tablelands, New South Wales

Category:Restaurant, Cafe and Coffee Shop, Takeaway Food

Asking Price:$350,000 + SAV

300000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Authentic Italian Restaurant In Prime Northwest Sydney Location
  • Authentic Italian Restaurant In Prime Northwest Sydney Location
  • Authentic Italian Restaurant In Prime Northwest Sydney Location
  • Authentic Italian Restaurant In Prime Northwest Sydney Location

Business description

Short Summary
A charming, well-established Italian restaurant serving authentic Italian cuisine, in a prime town-centre location.

Location Details
Operates out of a tastefully renovated, heritage cottage in close proximity to the main shopping centre and busy town.

Potential
There are excellent opportunities for growth, particularly around an expansion of its current trading hours to include additional lunch services.

Skills
This business would suit a buyer with experience in hospitality, who is looking for an established and well-regarded business. There is the option of stepping into the current owner's hands-off role or taking on a more active role in the business as an involved owner-operator.

Hours
Tuesday to Saturday 5:30 - 9:00pm
Sunday 12:00 - 3:00pm

Lease
Lease expiry January 2020
1 x 5-year option

Employees
12 x Staff members

History
Established in 2004

About the Business
The business occupies a good-sized site that seats approx. 90 patrons across internal and external seating and multiple rooms. The premises are a charming heritage cottage, located in a corner location with ample foot traffic and parking. The restaurant has been located in the same building since inception, ensuring it is well known and a key part of the local community.

Key facts about this business:
- Authentic Italian pasta, risotto and meat and seafood dishes with seasonal offerings
- A la carte menu and a set menu for large groups
- Fully licensed and BYO
- Excellent reputation and popular business that is an integral part of its local community
- Lease expiring in 2020 plus an option for an additional 5 years
- Profitable business with opportunities to extend opening hours



For more information on this opportunity, please contact the undersigned:
Nick Poulos
Business Sales Specialist
Mentored Business Sales, Corporate Business Sales & Acquisitions
M: [Phone Number Censored] T: [Phone Number Censored] E: [Email Censored]

Disclaimer:
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.

Other Information

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