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Restaurants For Sale in Sydney NSW

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Italian Restaurant &x96 Lower North Shore

Location:Sydney, New South Wales

Category:Restaurant, Bottle Shop, Cafe and Coffee Shop

Asking Price:$450,000

300000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Italian Restaurant &x96 Lower North Shore
  • Italian Restaurant &x96 Lower North Shore
  • Italian Restaurant &x96 Lower North Shore
  • Italian Restaurant &x96 Lower North Shore

Business description

Glorious Lower North Shore Italian restaurant surrounded by offices and apartments. Huge potential for revenue growth, fully licensed, takings in excess of $20,000 PW and a well-fitted kitchen.
Location Details
Sydneys Lower North Shore
Potential
- Excellent potential for revenue growth by offering additional lunch and weekend trades
- Enlarging the restaurant to accommodate functions
- Can be rebranded with any cuisine
Skills
Someone with experience and great vision would be required to benefit from expansion to accommodate large functions.
Hours
Mon - Sat: Dinner
Thur - Fri: Lunch
Lease
4 ½ years
5-year option
Employees
4 x Full-Time Chefs
2 x Kitchen Hands (Fri & Sat only)
Reason For Sale
The owner's feel like it's time to take a break.
About the Business
The business is situated in an ideal location surrounded by many offices and apartments, with ample seating both inside and out with stunning views. The restaurant is well regarded in the area and has been operating for 8 years. It's liquor licensed with potential for improvement with extra lunch and weekend trade taken into account. Well worth inspecting.
Key facts about this business:
- Well established with outstanding Google Reviews
- Well fitted kitchen
- Taking $20,000-$25,000
- Short hours of trade
- Popular location with nearby tourist and local attractions

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]
For more details go to [Web Link Censored] and complete our online confidentiality agreement. Use the reference ID [Phone Number Censored] to search for the business.
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.

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