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Brisbane City, Queensland 4000

SOLD

Alcohol/LiquorFood/BeverageRestaurant

Licensed and BYO Italian Restaurant Business for Sale Ref: 2578

This is a long established Italian Restaurant that has 'Friendly' written all over it. It has opportunity, evening hours, awards and profitability. Open for about 20 years and trading 6 days a week, or about 30 hours, this restaurant has the ability to increase turnover and profitability in the hands of an enthusiastic owner. Husband is in the kitchen; Wife is front of house.

* Weekly Figures: Turnover approx. $7,500; Cost of Goods - $1,250; Rent (inc GST) - $975; Outgoiongs
$250; Wages - $2,000 (excl owners); Profit - Books show approx. $100k pa to husband and wife owners;
* Lease - Expires Mid 2018 with Lessor amenable to discussion regarding options;
* Stock at Value - $8,000;
* Trades 6 days TueSun, 5pm10pm;
* 5 staff - 2 Full-time 3 Casual;
* Excellent and functional fit-out;
* Seating for 40 inside and 40 outside;
* Parking for 30 vehicles with wheelchair access;
* A loyal customer base of majority repeat customers.

This restaurant has a courtyard that can cater to functions; Breakfast and Lunch trade options available; Start advertising and promotions.

Priced at $110,000 + SAV.

Broker: Harry Notaras 0434 344 282/ harry@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

Business Features

Business Snapshot

Price: SOLDTrial: no Rent: $4,931 Lease Options: Nil
This listing last updated: 23rd Jan 2016

Marketing Contact

Harry Notaras

Marketing Agency

Harry Notaras

ABS Business Sales - Brisbane

Map Location ( get directions )

Brisbane City, Queensland 4000 Exact map location not provided