Sydney Harbour Position Italian Restaurant Great Profits Huge Potential

Milsons Point, New South Wales 2061

SOLD

Key Features

AI generated. Contact seller to confirm.

  • Prime Sydney harbour position with amazing views
  • Seating for 80 indoor and 40 outdoor
  • Currently open four days a week (Wed–Sat)
  • Council lease in place
  • Strong weekly sales with excellent margins
  • Large kitchen, storage and event potential
  • Turnover: $25,000.00 PW
  • Net Profit: Not disclosed
  • Rent/Lease: $2,000.00 Rent inc GST and Outgoings
  • Stock Value: Not disclosed
  • Established: Over 11 years

Business Details

Business Category Restaurant

Top Position on The Sydney Harbour Italian Restaurant
With Huge Potential and Great Numbers
Opened Only Wed , Thu , Fri and Sat

* It will be very hard to find an Italian Restaurant with this Amazing views and space sitting right on Sydney Harbour.
* Plenty of Storage , Chefs Kitchens and including Office..
* It has got so much potential to grow and can easily cater for functions and Corporate events as the view and space ticks all boxes.
* Currently Turning over $ 25,000.00 PW in just 4 Days.
* Its Cost of Goods come in at 22% due to its great Margins.
* Council Lease with Only $ 2,000.00 Rent inc GST and Outgoings.
* Wages are at $ 5,100.00 plus $ 900.00 for Owner.
* It has been Established for over 11 Years and going Strong.
* Seating is for 80 Indoor and 40 Outdoor with a Courtyard that can be used and Increase Sales.
* Great hours in 4 Days which is Lunch 12pm to 3pm and Dinner from 6pm to 9.30pm.
* Owner is Retiring and will pass on his knowledge and experience to the incoming buyer.



CLICK THE GREEN CONFIDENTIALITY AGREEMENT BUTTON TO RECEIVE MORE INFORMATION
OR FOR HELP REGISTERING ON OUR SITE PLEASE CONTACT:

Chris Minas
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Bsale ID: 563507