Under Management- Pasta / Wine Bar Cbd Location - Italian Pasta & Wine Bar - Prime Cbd Location - Fully Managed - Nets $3,500 P.w.
New South Wales
$230,000
Key Features
AI generated. Contact seller to confirm.
- Prime CBD location
- Fully managed restaurant
- Unique handmade pasta offerings
- Great fit out completed
- Outdoor seating area available
- Strong reputation in the area
- Turnover: $182,000
- Net Profit: Not disclosed
- Rent/Lease: $64,480.69 bond
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Restaurant
Under Management- Pasta / Wine Bar CBD Location - Sydney CBD - Agent SBX Code Number: PM1069
Italian Restaurant & Wine Bar in prime CBD location - Italian by name and cosmopolitan by nature this Pasta and Wine Bar serves up traditional fare to Sydneysiders from a major Shopping Centre in the city - This is one of a few places diners can delve into handmade pasta in a foodcourt environment, as well as dine inside the restaurant with its distinctive trendy black and white furniture and mosaic tiled barn - Gourmet delights abound at the delicatessen counter including long strands of hanging pasta, cooked to order with guests sauce of choice or an antipasto platter of cured meats, Italian cheeses and marinated vegetables, plus fettuccine with Napoli sauce, tomato and garlic - Also serving a selection of panini and baguettes that may appeal to those on the go.
Potential
Huge potential for a hands on owner / operator to build this business & reduce wages and improve the already great profit - Big potential to open for breakfast Monday to Friday -
Features
Busy & well established restaurant & bar with fantastic reputation. - Great CBD location. - Great fit out - All the hard work has been done - Fully managed.
Premises
This wine bar & restaurant has an area of 99.5 sq mts plus a large outdoor seating & mingling area with a bar license. OriginaL fit-out cost was $650,000.
Location
One of the best dining & bar locations in the Sydney CBD for lunch & after work socialising.
Trading Hours
7 days - Monday, Tuesday, Wednesday 11 am to 3 pm. Thursday 11 am to 9 pm. Friday 11 am to 4 pm. Saturday 11 am to 5 pm. Sunday 11 am to 5 pm
Lease
Current 8 year lease expires 20 April 2027 - Bond is 3 months ($64,480.69) - Current owner has spoken with Westfield and they would consider providing an option for the right purchaser.
Employees
3 full-time, 6 part-time & 4 casual.
Comments
Misc - 1 - Storage room rent - Misc - 2 - Misc Expenses
Agent SBX Code Number: PM1069 - Sydney Business Exchange
Italian Restaurant & Wine Bar in prime CBD location - Italian by name and cosmopolitan by nature this Pasta and Wine Bar serves up traditional fare to Sydneysiders from a major Shopping Centre in the city - This is one of a few places diners can delve into handmade pasta in a foodcourt environment, as well as dine inside the restaurant with its distinctive trendy black and white furniture and mosaic tiled barn - Gourmet delights abound at the delicatessen counter including long strands of hanging pasta, cooked to order with guests sauce of choice or an antipasto platter of cured meats, Italian cheeses and marinated vegetables, plus fettuccine with Napoli sauce, tomato and garlic - Also serving a selection of panini and baguettes that may appeal to those on the go.
Potential
Huge potential for a hands on owner / operator to build this business & reduce wages and improve the already great profit - Big potential to open for breakfast Monday to Friday -
Features
Busy & well established restaurant & bar with fantastic reputation. - Great CBD location. - Great fit out - All the hard work has been done - Fully managed.
Premises
This wine bar & restaurant has an area of 99.5 sq mts plus a large outdoor seating & mingling area with a bar license. OriginaL fit-out cost was $650,000.
Location
One of the best dining & bar locations in the Sydney CBD for lunch & after work socialising.
Trading Hours
7 days - Monday, Tuesday, Wednesday 11 am to 3 pm. Thursday 11 am to 9 pm. Friday 11 am to 4 pm. Saturday 11 am to 5 pm. Sunday 11 am to 5 pm
Lease
Current 8 year lease expires 20 April 2027 - Bond is 3 months ($64,480.69) - Current owner has spoken with Westfield and they would consider providing an option for the right purchaser.
Employees
3 full-time, 6 part-time & 4 casual.
Comments
Misc - 1 - Storage room rent - Misc - 2 - Misc Expenses
Agent SBX Code Number: PM1069 - Sydney Business Exchange
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