Sold business 3453726
Business NO.:
3453726
Status:
Active
Price:
$895,000 + S.A.V Approx $200,000
Updated on:
06/11/2025

1ST CLASS ITALIAN RESTAURANT WITH FREEHOLD OPTION

Restaurant | Business for Sale | Western Australia

- STUNNING INTERNAL FITOUT PURPOSE BUILT WITH FLAIR AND VISION BY EXPERIENCED RESTAURANTEUR

- CENTRAL LOCATION WITH DIVERSE CLIENT BASE COMING FROM ALL OVER PERTH

- UP SCALE PRESENTATION VIBE AND DÉCOR SURE TO IMPRESS

- WELL KNOWN FOR QUALITY ITALIAN FOOD AND WINE

- HOLLYWOOD BAR, BEAUTIFUL USE OF MARBLE, STATE OF THE ART AIR CONDITIONER, LIGHTING AND FURNISHINGS THROUGHOUT

- BI FOLD GLASS FRONTAGE GIVING A NICE AMBIENCE WHEN WEATHER PERMITS

- PRIVATE FUNCTION ROOM AT THE REAR OF PREMISES

- VERY STRONG TRACK RECORD OF CONSISTENT FINANCIAL PERFORMANCE

- EXTENSIVE WINE LIST WITH STRONG MARGINS

- COMMITTED AND EXPERIENCED TEAM OF CHEFS AND WAITSTAFF IN PLACE OVERSEEN BY SINGLE OWNER OPERATOR

- RESTAURANT LIQUOR LICENSE

- 20 YEAR LEASE (4 X 5 YEAR OPTIONS) AVAILABLE AT STARTING RENT OF $12,500 PER MONTH PLUS GST PLUS OGS

- FREE HOLD OPTION TO PURCHASE @$2,500,000

- SAME OWNER FOR MANY YEARS NOW RETIRING AFTER LENGTHY RESTAURANT CAREER

- IMMACULATE PRESENTATION AND RAVING ONLINE REVIEWS ON ALL PORTALS

- TRADING LUNCH AND DINNER 6 DAYS PER WEEK

- REVENUE APPROX $50,000 PER WEEK AND GROWING

- MAGNIFICENT OPPORTUNITY!

TOTAL ASKING PRICE: $1,095,000

PROPERTY PRICE: $2,500,000

PRICE: $895,000 PLUS STOCK OF APPROX $200,000

EXCLUSIVE SELLING AGENT: JONATHON PARKER -

OR

IF YOU WOULD LIKE TO RECEIVE FURTHER INFORMATION ON THIS BUSINESS, SIMPLY COMPLETE AN ONLINE ENQUIRY WITH YOUR DETAILS. A CONFIDENTIALITY AGREEMENT WILL BE SENT TO YOU (IF YOU HAVE NOT COMPLETED ONE WITH PLATINUM BUSINESS SALES BEFORE) AND ONCE COMPLETED AND RETURNED, A DETAILED INFORMATION MEMORANDUM WILL BE FORWARDED FOR YOUR PERUSAL AND CONSIDERATION.

PLATINUM BUSINESS SALES

https://www.platinumbusiness.com.au/businesses-for-sale-perth-wa/

IF YOU WOULD LIKE AN UP-TO-DATE MARKET APPRAISAL OF YOUR BUSINESS, PLEASE DO NOT HESITATE TO CONTACT JONATHON PARKER ON

OR

PERTH'S PREMIER HOSPITALITY AND RETAIL BUSINESS BROKERS

Property Code: 470

For more details, please email broker or call agents.


5/219 Onslow Road, Shenton Park, WA 6008