Business Summary
Low rent with long lease, recently renovated and currently Italian cuisine in the Millers Point / The Rocks area of Sydney. Potential to add Pizza Priced at $250,000 plus SAV 5 nights trade with huge potential to open more days and for lunch as well as promote coffee Sales around $14,500 per week and growing. PRICED TO SELL!!
A very beautiful and traditional licensed Italian cafe/restaurant situated in a prime position in Sydney CBD near the Rocks. It is in a historic and harbourside village neighbourhood and this business has an exceptional new fit out! This is a rare location and opportunity with loads of potential and not to be missed.
* Listing ID NSW10624
* Weekly gross takings approx $14,500 p.w.
* Total new set up & fit-out cost is approx. $200,000 no equipment is leased all owned out right and will come with the business
* Amazing location in Sydney CBD, Millers Point and only moments from major hotels, park and city offices
* 5 nights trade, Wed Sun 5.30 pm. 9.30pm. Could open more days and for lunch.
* Full Kitchen with potential to reintroduce pizza- Pizza oven is included in equipment
* Fully Licensed, Liquor license trading till midnight.
* 10-year Lease Oct 2019- Oct 2024 plus a 5-year option.
* Current rent is $990 inc. GST plus Outgoings (3 Months BG and 3% yearly increases)
* Excellent Google reviews 4.8 Star Google Rating, plenty of Christmas bookings coming in already
* 90m2 seating around 45 plus potential to re-introduce outdoor seating (STA for 20 people)
Vendor is too busy and has other business interests, the business is run under management.
Listing ID NSW10624
Broker: Jan Forsyth
Phone: +61 411 510 610
Email:
[email protected]
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Keywords: The Rocks area - Currently Italian - Add Pizza - Sydney - Licensed - Under Management - Profitable
Ref: NSW10624
Timestamp: 20230113020033
Property Details