Well Established, Profitable Italian Restaurant

0
(0)

Sydney 2000 Sydney, New South Wales, Australia

2 186
$300,000
11680401
2 months ago

Reference ID: 11680401

Highlights

  •  Best Loved Woodfire Pizza in the Local Area (90 reviews online)
  •  Award Winning Business, working throughout COVID
  •  Loved by the Community
  •  Social Media Marketing on all Major Channels

Overview

Our client is a well-established and beloved woodfired pizza restaurant situated in the heart of Western Sydney. Established in 2011, it is a popular restaurant with a loyal following with locals. 

Asking price: AUD $180k

Revenue: AUD $627,000

Profit: AUD $113,000

Deal details

About

About the Business

A family restaurant, serving mouth-watering authentic Italian inspired cuisine that caters to the Australian palate. Cuisine includes wood-fired pizzas, pasta, and desserts.  

Owner is selling due to family commitments and they would like someone to keep the legacy of the restaurant and continue its great service to the community. All secret recipes and training will be provided. 

Spent $300k to change the plumbing, fit out, kitchen over the last 3 years. So all that is needed is to walk intake over the business.

Key Highlights:

- Established for over 10 years. Family owned and operated.

-Ranked number 1 in the local area. Loved by the community with regular customers and a great social media presence with solid online reviews on multiple platforms.

-Excellent Setup: A turnkey business that can easily be run under management with 4 full time staff including a head chef, kitchen hand, pizza chef and a floor staff. Part time staff include a dishwasher and three floor staff.

- Modern Italian restaurant with dine in, take away, delivery options has an upmarket luxury feel with it being popular for holding functions due to the new recently refurbishment at a cost of $180,000.

-Lease: Long secure lease in place. The current lease expires in 3 years with the option for 5 additional years.

- Excellent setup. A turnkey business that can run under management with 4 staff.

- Significant upside potential with surrounding areas growing fast

- Regular customer base and loved by the community. 

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Business Location

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