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Authentic Italian Restaurant in Prime Northwest Sydney Location

Cafes And Restaurants , Food

Windsor, 5 Views

Asking Price $350,000 for 100 %

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SALE OR INVESTMENT DETAILS

  • Yes Finance Available (subject to approval)

Reference ID: 20460941

Highlights

  • Authentic Italian Restaurant in Prime Northwest Sydney Location
  • Operates out of a tastefully renovated, heritage cottage
  • Close proximity to the main shopping centre and busy town
  • Excellent opportunities for growth

Executive 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: 0410 076 114    T: 1800 858 696   E: npoulos@mentored.com.au

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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