Restaurants For Sale in Crows Nest Sydney NSW

An outstanding opportunity to acquire a long-established and highly regarded pizza and pasta restaurant positioned within a busy shopping village precinct, surrounded by retail shops, businesses, and strong residential density.

Located on the edge of a thriving high-rise residential and high rise commercial business district, the business benefits from constant foot traffic and strong vehicle exposure, creating consistent ongoing trade and repeat local clientele.

Operating since the 1970s, this authentic Italian venue has built an excellent reputation within the community, supported by very high online ratings and loyal returning customers.

Business Highlights

Established Italian pizza & pasta restaurant

Trading successfully since the 1970s

Current owner operating since 2008

Busy shopping village location with strong exposure

High foot traffic and vehicle traffic daily

Authentic Italian menu using quality ingredients

Excellent online reviews and local reputation

BYO venue with liquor licence (approx. 15% alcohol sales)

Strong, trained and reliable team in place

Owner operated (supervision, ordering & administration)

Operations

Currently trading Monday to Saturday - dinner service only

Significant opportunity to introduce:

Lunch trade

Extended trading hours

Expanded delivery platforms

Increased catering services

Approximately 30% of revenue generated via delivery & catering

Consistent and stable turnover

Premises & Fit-Out

Spacious premises approx. 180m

Character-filled authentic Italian fit-out

Commercial kitchen with grease trap & exhaust ventilation

Indoor seating: 26 patrons

Outdoor seating: 20 patrons

Ample council off-street parking

Rear lane access with allocated parking

Lease

New lease available to approved purchaser

Well-positioned within established shopping village

Reason for Sale

Owner retiring after many successful years.

This is an ideal opportunity for an owner-operator, family operator, or hospitality group seeking a proven, long-standing business with strong foundations and immediate growth potential.

Enquire today to receive further information.

Weekly Summary (approx., incl. GST unless stated otherwise)

Takings: $15000

Cost of Goods: $2625

Rent: $1940

Outgoings: all inclusive on the rent.

Staff wages: $3750

Owner wages: $2000

Insurance: $50

Electricity: $190

Gas: $115

Marketing: $66

Telephone/Internet: $69

Rubbish removal: $100

Subscriptions: $10

Accounting/Bank fees: $445

Pest control: $20

Cleaning: $50

Miscellaneous: $300 Liquor / BAS $900

Net Profit (approx.)

Owner operated: $2370

Lease

Lease period:3 + 3 new. Lease on offer.

Disclaimer

Strictly Confidential

The business name, exact location, financial information, client details and further operational particulars will be provided only to qualified parties upon the execution of a Confidentiality Agreement.

For further information please contact:

Angelo Fournaris [Phone Number Censored] [Email Censored]

Disclaimer:

All information contained in this advertisement has been provided by the vendor and is believed to be accurate; however, it has not been independently verified by Network Infinity Business Brokers or its representatives. Network Infinity Business Brokers and its agents make no representations or warranties as to the accuracy or completeness of the information provided and accept no liability for any errors or omissions.

Prospective purchasers must rely on their own enquiries, conduct their own due diligence, and seek independent legal, financial and accounting advice prior to proceeding with any transaction.

Images used in this advertisement may be for illustrative purposes only and may not represent the actual business.