Italian Ristorante Magnifico Elsternwick Ref:2305001

Summary
Be a part of history, wonder, and romance of the south of Italy. Uniquely positioned in bustling Glen Huntly Rd, Elsternwick this ristorante magnifico is marvels the Amalfi Coast, from Sorrento, Positano, Capri, Amalfi, and beyond, as seen through the eyes of a traveller.
Revenue
$780,000 pa
Rent
$79,700 pa
Potential
• Has been recognised by many as being the best Italian Restaurants in the area.
• Prime location next to tram line.
• The restaurant is well located to attract both residential and commercial customers.
• High Foot Traffic
• Was established 2017 and has operated successfully since inception
Skills
• There is a great deal of street parking near to the restaurants – day and night.
• This is a profitable business which operates with a minimum of staff.
• Customers come for the food and the service. Many of them and regularly.
• Fully equipped and easily operating
• Business offers an excellent work/life balance.
• Huge potential for growth by expanding opening hours.
Hours
Trading hours: Dinner: Tuesday to Sunday; Closed: Monday
Employees
Kitchen: 1 Full time chef + 1 Full time Cook + 4 Casual Cook
Front of House: Operates with 6 Casual wait staff plus owner
Reason for Sale
Other Business interests.
About the Business
If you're looking for a fully equipped Italian restaurant that delivers great food, service and repeat customers, then this restaurant is perfect for you. Located near the tram stop and situated around many popular suburbs, this premier restaurant is a true gem in the area.
The restaurant has a complete team of staff, ensuring smooth operations six nights a week. Boasting a strong customer base, the restaurant fills up quickly every weekend, creating a lively and welcoming atmosphere. The interior features warm and inviting decor and plenty of natural light to enhance the dining experience.
Customers have plenty of space to enjoy their meals thanks to its ample size and pleasant outlook. The area's demographic is particularly suited for hospitality, with a diverse mix of patrons. The restaurant has a strong online presence with a website, Facebook and Instagram that attract many customers.