Italian Restaurant - Liquor Licensed - Ocean Views

North Bondi, NSW

Food/Hospitality / Restaurant, Takeaway Food Retail / Florist/Nursery
$175,000 Negotiable
Listing ID1921015

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This is an exciting business opportunity to acquire an Italian restaurant with a strong customer reputation. The restaurant showcases a quality fit out with a great atmosphere and ocean views.


Location Details
This 64-sqm premises restaurant is ideally located in North Bondi and benefits from ocean views and limited local competition.


Potential
There is scope for growth with the addition of function services, especially coming into summer.

Additionally, a new owner could put a bigger emphasis on the delivery services currently offered (Deliveroo/UberEats) to expand this substantial revenue stream.

Skills
Hospitality experience would be beneficial, no kitchen or cooking skills required.

Lease
Lease expiry in 2020 with a further 5+5 year renewal option.


About the Business

This is an exciting opportunity to acquire a profitable Italian restaurant with an on-premises liquor license and a superb North Bondi position. The business has a near new fit out and provides delivery/takeaway through UberEats & Deliveroo which are substantial revenue streams.

The 64-sqm restaurant can seat 40+ patrons and includes a full commercial kitchen, walk-in cool room & bar.

Key facts about this restaurant opportunity:

- Limited local competition
- Fully equipped commercial kitchen
- Liquor licensed
- Website & social media in place
- An extensive list of assets & equipment included in the sale



For more information on this opportunity, please contact the undersigned:

Kane Hansen
Business Sales Specialist | Business Sales Sydney
Ray White Business Sales, Corporate Business Sales & Acquisitions
M: 0421 362 488 T: 1800 858 696 E: kane.hansen@raywhite.com

For more details complete the contact us form on this page or go to www.rwbs.com.au and complete our online confidentiality agreement. Use the reference ID 1921015 to search for the business.

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, director's benefits, personal expenses, nonrecurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.