Industry:
Food and Hospitality
Business Address:
Elsternwick, Melbourne, VIC, 3185, Australia
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AD
ID:
B120200004
Asking
Price:
AUD$285,000
Rent:
Detail
business type:
Restaurant-Pizzeria
Business
Ph:
After
hours ph:
Contact Details
Name:
Mr. Max Pisano
Advertising
Nature:
Private Seller
Company
Name:
Phone:
0418 378 900
Mobile:
0418 378 900
Fax:
Email:
maxpisano@me.com
Website:
Suburb/State:
Elsternwick / VIC
Postal Code:
3185
Country:
Australia
Comments:
Features
Iconic Italian Restaurant-Pizzeria for Sale
This restaurant is located in the heart of the affluent Elsternwick gastronome culture amongst some of Melbourne抯 best cafes. The business trades 6 nights a week and is renowned for it抯 simple, authentic italian food. It has been featured in the Age Good Food Guide for the last 3 years in a row for it抯 excellent stone oven Pizzas, handmade pastas and brilliant service.
The business has seating for 60 patrons inside with outside alfresco seating for 24 diners. It is to be sold as a going concern with an existing Liquor Licence in place and a lease in excess of 16 Years.
Currently open 6 nights. Breakfast, lunch & takeaway trading has not been explored and is bound to fuel further growth.
Currently under Semi-Management, an astute investor can expect a return on investment in the range of 25-30%. An owner operator can increase the return to 45-50% for further details please email elsternwickrestaurant@gmail.com to obtain a Confidentiality Agreement or phone 0418 378 900
