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Busy Beautiful Beach-Side Italian Cafe and Restaurant

$125,000 + SAV

  • ID Ref 4185
  • Suburb Mona Vale
  • State NSW
  • Status For Sale
  • Busy Beautiful Beach-Side Italian Cafe and Restaurant

Business Description

Fully-licensed and located close to a park and nearby beach, this Italian Cafe and Restaurant is a fantastic opportunity for a business purchaser.

This well-established cafe boasts a loyal clientele and is the choice of many to host their functions and private events.

BUSINESS HIGHLIGHTS

- Prime position in busy Sydney Northern Beaches Suburb.
- Quality fit out.
- Long Established reputation.
- Great local and corporate customer base.
- Very reasonable rent for the area. (approx. 8%-9% of T/O)
- Potential to trade more evening dinner.
- Liquor license.
- Consistent weekly turnover.
- Seating for approximately 50.
- Area to handle group bookings.

A two week trial period is being offered and the owner will enter a non compete agreement.

This business is beautifully presented and ready for a new owner to take over the reins. It would most likely suit an owner/operator. The current owner is motivated to sell due to other commitments so this could be a very good opportunity for the right person.

Asking Price: Offers over $125K Plus SAV

To inquire about this exciting business or to look at our other business listings please feel free to contact our team.

Business Features / Snapshot

General Features

  • Carports: 2
  • Off Street Parking: 10
Views: OceanWalk to (vicinity of): Library, Beach, Golf, Park/nature Reserve, Shops, Sporting Facility/ground, Bus Stop
Price: $125,000 + SAVAdjusted Net Profit: $13,279 Rent: $82,500 Lease Options: 5+5 Year Lease Option Turnover: $923,162

Other Features / Notes

50 Seats, Fully Licensed

Your Business Brokers

Anthony Marchese
Stephen Choy
Anthony Marchese
Stephen Choy

Business Location

Mona Vale, New South Wales 2103