Established licensed Italian Pizza Pasta Restaurant Lower North Shore Sydney
An outstanding opportunity to acquire a long-established and highly regarded pizza and pasta restaurant positioned within a busy shopping village precinct, surrounded by retail shops, businesses, and strong residential density.
Located on the edge of a thriving high-rise residential and high rise commercial business district, the business benefits from constant foot traffic and strong vehicle exposure, creating consistent ongoing trade and repeat local clientele.
Operating since the 1970s, this authentic Italian venue has built an excellent reputation within the community, supported by very high online ratings and loyal returning customers.
Business Highlights
Established Italian pizza & pasta restaurant
Trading successfully since the 1970s
Current owner operating since 2008
Busy shopping village location with strong exposure
High foot traffic and vehicle traffic daily
Authentic Italian menu using quality ingredients
Excellent online reviews and local reputation
BYO venue with liquor licence (approx. 15% alcohol sales)
Strong, trained and reliable team in place
Owner operated (supervision, ordering & administration)
Operations
Currently trading Monday to Saturday - dinner service only
Significant opportunity to introduce:
Lunch trade
Extended trading hours
Expanded delivery platforms
Increased catering services
Approximately 30% of revenue generated via delivery & catering
Consistent and stable turnover
Premises & Fit-Out
Spacious premises approx. 180m
Character-filled authentic Italian fit-out
Commercial kitchen with grease trap & exhaust ventilation
Indoor seating: 26 patrons
Outdoor seating: 20 patrons
Ample council off-street parking
Rear lane access with allocated parking
Lease
New lease available to approved purchaser
Well-positioned within established shopping village
Reason for Sale
Owner retiring after many successful years.
This is an ideal opportunity for an owner-operator, family operator, or hospitality group seeking a proven, long-standing business with strong foundations and immediate growth potential.
Enquire today to receive further information.
Weekly Summary (approx., incl. GST unless stated otherwise)
Takings: $15000
Cost of Goods: $2625
Rent: $1940
Outgoings: all inclusive on the rent.
Staff wages: $3750
Owner wages: $2000
Insurance: $50
Electricity: $190
Gas: $115
Marketing: $66
Telephone/Internet: $69
Rubbish removal: $100
Subscriptions: $10
Accounting/Bank fees: $445
Pest control: $20
Cleaning: $50
Miscellaneous: $300 Liquor / BAS $900
Net Profit (approx.)
Owner operated: $2370
Lease
Lease period:3 + 3 new. Lease on offer.
> Disclaimer: Financials are vendor-supplied; Network Infinity and its agents make no guarantees or accept liability. Buyers should seek independent advice and conduct their own due diligence. Images are illustrative only.
For more details, please email broker or call agents.
