Italian Pizza-pasta Bar And Restaurant – Camperdown, Nsw

BS151226 BS151226, Camperdown, New South Wales 2050

SOLD

Key Features

AI generated. Contact seller to confirm.

Fully licensed with seating for 100 diners
Popular eatery with loyal customer base
Menu limited to pizzas and pastas
Trades 6 days a week, closed Mondays
Includes all assets in the sale
Owner retiring, excellent growth potential

Turnover: $23,000 per week
Net Profit: $6,000 per week
Rent/Lease: Long Lease with low rent 3+5 Term Left
Stock Value: Included
Established: Since 1965

Business Details

Business Category Restaurant Takeaway

Business ID: BS151226

Fully Licensed – Seats 100 - $6k Profit p/w

Situated on busy road – in the inner western suburb of Camperdown - this business has come out of COVID strongly, with a turnover of around $23K per week.

Established since 1965, this well-known Pizza-Pasta Bar & Restaurant offers excellent growth potential to a motivated buyer.

Business Highlights:

-Very popular and well-known eatery with loyal customer base from throughout Sydney
-Fully licensed and able to seat around 100 diners
-Menu currently limited to Pizzas and Pastas – Potential to add new dishes
-Trades 6 days from 5-10pm - closed on Mondays – Hours flexible
-Staff: 2 x F/T + 8 casuals & P/T
-All assets are included in the sale
-Owner is now looking to retire
-Extremely profitable
-Long Lease with low rent 3+ 5 Term Left

Over the past 5 months, turnover and profit have increased substantially, without any marketing. With the brand and reputation strongly in place, the buyer could further boost revenue by advertising, extending the menu, and opening for lunch.

Price: $379,000 + SAV

Property Code: 2932