| Code: |
FP556 |
| Business Type: |
Restaurant |
| Area: |
Lower NorthSide |
| Established: |
Present Owner 2004
|
| Lease: |
New 5 x 5yr x5yr available |
| Rent (excl GST): |
$2,105pw inc gst CPI Increases |
| Trading Hours: |
7 Evenings Only 6pm- till late
|
| No of Staff: |
Floor: 2- 5 staff depending on day (includes owner) Kitchen: 2- 3 staff
|
| Approx Turnover(excl GST): |
Trial: $22,000pw approx (including gst) Approx Nett pre GST $5,400pw |
| Reason for Sale: |
Partnership Break-up (one partner will return to Italy – Parents extremely ill! |
| General Information |
Business & Potential:
Quality business on the lower North Shore! Specifically two partners have operated this business! The third Partner only works 12hrs per week, as he is involved in another type of business.
The business is extremely popular with the locals as well as people from all areas of the North Shore. The business has built up a reputation for offering quality cuisine within a casual environment. The business has the capability of serving individual customers or group/party bookings. An excellent modern area upstairs allows larger groups to relax with plenty of room to move around. A balcony off the main area provides patrons with either a smoking environment, or can be used for extra seating outside.
The business only operates in the evenings, but has the potential of opening for lunches.
Excellent cash Flow Business! Extremely secure lease Available! Loads Of Potential!
|
| Asking Price: |
$395,000 |
| |