Consider the unique investment opportunity presented by this renowned Italian restaurant. This business demonstrates both significant revenue and profit, making it an asset for any prospective buyer.
The restaurant has maintained a consistent and effective business model over its 25-year history, earning a reputation for delighting customers.
Now, for the first time, this business is available for purchase. The asking price is $1.9 million for the business and $1.2 million for the freehold, totalling a $3.1 million investment plus SAV. This opportunity is ideal for a hospitality or property investor looking for a strong return on investment, along with a desirable lifestyle.
Key features of the business include:
• Normalised profit close to $1 million per annum
• Annual revenue nearing $4 million.
• A proven, straightforward business concept which is simple to operate.
• 12 months of vendor support if required.
• Full liquor license.
• Clear, accountant-prepared financial statements.
• Strong local economy support.
Acquiring the freehold secures the business's future and offers attractive tax benefits and potential capital gains.
The current owner is committed to ensuring a smooth transition and will provide up to a year of training and support, if necessary. This commitment makes the opportunity ideal for someone looking to manage the business at a high level while relying on operational staff.
To learn more, click on the above, “Submit Confidentiality Agreement” button, to initiate a confidentiality agreement. Wolfgang Groh, our National Mobile Hospitality Specialist at Benchmark Business Sales & Valuations, will then provide you with detailed information.
Contact Wolfgang Groh
M: 0413 118 718
T: 1300 366 521
If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference:bus4876 to search for the business.
Please ensure you have the necessary capital before expressing an interest in this business.
Note: The image shown is for illustrative purposes only and may not exactly represent the business.
Benchmark Business Sales and Valuations