Nominee for Best Italian Restaurant Ref: 8715

Asking Price: $120,000
Weekly Sales: $4,500
Owner’s Income: $75-$100k
Sale Type: SAV
Stock Amount: $3,000
Trading Days: W,T,F,S,S,M
Employees: Owner and Wife
Established: 2010

Business Description
This family business is currently run by a husband and wife team with the majority of the trade occurring for dinner after 5pm. The customer base is very loyal and the business attracts a loyal following for its Middle and South East European food offerings. Customers come from as far away as Noosa and the Gold Coast for its tasty provincial food.
It specialises in Wood Fired Pizzas which it makes in 9 inch and 15 inch variations. It has received nomination for best Italian restaurant by B Magazine.
Opportunity to further grow this business would be to open for Breakfast and to increase the lunch trade. Growth so far has been solid and organic.
The seller is committed to providing a proper transition of the business, especially the secrets to the keenly sort after wood fired pizza and the other unique recipes. The feel of this eatery is very European with emphasis on tasty food and home-style service. Along with its attractive rent it would provide an ideal base for anyone wanting to carry on the simple formula of this shop and adding their own unique character.
It is located on the south side of the city only 15-20 minutes from the CBD among a cluster of shops in a tree lined suburb.

Detailed Information:

Stock:
In addition to asking price.

Plant and Equipment:
Included in asking price.

Reason for Selling:
Medical Reasons.

Rent:
$1,850 pcm Including gst; no outgoings; Bond is four month’s rent + GST

Lease:
Expiry Date 30/6/2016 plus one option until 30/06/2019.

Facilities:
The business contains a genuine wood fired pizza oven. It has indoor as well as outdoor seating

Broker: Harry Notaras 0434 344 282/harry@absbrisbane.com
Head Office: 07 3368 4010/reception@absbrisbane.com

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