Home Business For Sale Price Reduced! Motivated Vendor. Managed Italian Restaurant.
For Sale
Reference Number: business4999
1 week ago
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Price Reduced! Motivated Vendor. Managed Italian Restaurant.

Food/Hospitality
Cafe/Coffee Shop
Restaurant
Queensland
Brisbane - Greater
$200,000.00 WIWO

Motivated Vendor has Reduced Price / Brisbane $200,000 WIWO

Seating 200, Nonna’s Italian in Chermside, must be the largest in Brisbane.

Purchase this Italian restaurant for sale and you’ll gain exclusive naming rights. You can then franchise the concept across Brisbane and the Sunshine Coast.

Everything about this restaurant for sale is big. Except for the price. You need to see it to appreciate it. So reach out to the exclusive broker to find out more.

Ideal for an experienced owner operator.

Every aspect of this restaurant operation has been carefully thought through. The site selection. The menu. Even the messiness of the shakes and sundaes!

And now the price has been reduced. Making it astonishing value for money.

Business Snapshot:

Revenue: $2,600,000
Profit: $421,000 for 2023
Earning Type: EBITDA
Earning Type Value: EBITDA
Profit under management = $330,000 per annum
Sales $50,000 per week plus
Lease 5+5 years

The Key Details:

Brisbane location
Low food, occupancy, and payroll costs
Seating for 200 (375 sqm)
Fully Managed
Fully licensed

Summary

Such lofty revenue is being generated from lunch and dinner service only. Just imagine what you could earn by opening for breakfast as well! Without paying another dollar in rent on the long lease. It’s already low at just 5% of revenue, which is quite exceptional. Its strategic location, at the entrance of Chermside Westfield shopping centre and multiplex, ensures a constant flow of customers. Yet there are large swathes of Brisbane currently out of reach. Such an enormously successful concept makes it ideal to replicate. Or franchise. Purchase this restaurant and you’ll gain the exclusive right to do just that. Across Brisbane. Even up to the Sunshine Coast. An experienced owner/operator will make a fortune with this opportunity. Or it will make a highly worthwhile addition to a hospitality-focused investment portfolio. Now’s the time to act. Because the price has been reduced. Buyer must have Hospitality background Replacement fit-out $750,000 Price: $200,000.00 WIWO Contact the exclusive broker: Bruce Rylance Senior Business Broker - Hospitality Specialist Benchmark Business Sales and Valuations T: 1300 366 521 M: 0418 396 910 If you’d like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: business4999 to search for the business. Please ensure you have the necessary capital before expressing an interest in this business. The image shown is for illustration purposes only and may not be an exact representation of the business. Benchmark Business Sales and Valuations

Price Reduced! Motivated Vendor. Managed Italian Restaurant.

Food/Hospitality
Cafe/Coffee Shop
Restaurant
Queensland
Brisbane - Greater
$200,000.00 WIWO

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