Quality Restaurant Italian Cuisine Pizza
Location Australia
Asking Price Range $250K - $500K
Gross Revenues $1000000
Net Profit / Cash Flow $200000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2008
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Reason for Sale Other business interests.
Description Quality Fitout - GREAT SECURITY (Owner willing to keep part share) - Very Profitable - Sydney South West
* Award WINNING RESTAURANT for sale
* TOP LOCATION
* Run under management thus providing more POTENTIAL
* Easy Operation
* Established for less than 2 years
* Good Profits
* Existing Owner willing to retain 1/3rd ownership - COULD IT GET MORE SECURE
* You get to enjoy the first in best served option with NO LICENCE FEE OR FRANCHISEE FEE PAYABLE
Sometimes you see opportunities that become available which you find too good to be true and this is THE ONE. Current owner runs a very successful multimillion dollar food industry related business and has started this restaurant with view to franchisee it all across Australia and then take it oversees. The business has already got a presence in Asia Pacific. This restaurant although started less than 2 years ago but has won numerous awards and has become a great hit locally.
The business is currently doing turnover of between $18,000 to $208,000 per week without any local deliveries currently offered by the business. It has got a very good website with ONLINE booking. The premises have excellent presentation, high quality fitout, big size to accommodate more than 120 people.
As part of owners plan to franchisee it nationally, the first Australian restaurant under the banner is being offered under a licence arrangement where you will not have to pay any royalties/licensing fee etc and would also be offered an opportunity to invest in new sites to be opened by the owner till it is franchised. The business is so stable that the current owner is willing to keep upto 1/3rd (33%) of the business as an investment The business is being offered for $399,000 plus SAV.
If you are interested in buying this business and would like further information please email or call Taran Singh at Sunbelt NSW on 0433 107 356
Click Here To Contact Seller
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