Iconic licensed hills cafe

$310,000 + SAV ($10,000 approx.)

Web ID: F2635

Business Description

This family style Italian cafe has been long established and has grown to cover two shop fronts in this popular hills community. Locally known for offering the best pizza and pastas in town, this cafe thrives at dinner time by offering quality food and great live music shows. 

Trading 7 days a week for lunch and dinner, this fully licensed cafe is predominately run under management with a seating capacity for 70 patrons inside and 30 offering dine-in and takeaway options. With a turnover of approximately $18,000 per week and experienced staff, the current owner has decided that the time has come to pass on this iconic local business to new owners who will carry on forward and add their own flare.

 

At a glance:

  • Family style Italian cafe (established 1993)
  • Current turnover around $18,000 per week
  • Run predominately under management 
  • Good lease with rent around 5% of turnover
  • Currently trading 7 days
  • Ideally suited to a couple or large family

 

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $310,000
Stock at valuation (approx) $10,000
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$320,000


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