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Business Details
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
 
For more information, please contact:
Peter Adamek on 0411 604 448


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