$155,000

Profitable Warrnambool Restaurant

Set in the heart of Liebig Street’s cafe/restaurant scene, Piccolo restaurant has established itself as one of Warrnambool’s most popular restaurants. Features of the business include;
• Currently trading 6 days from 5:30pm (7 days trading in peak times). These hours allow the new operator a very comfortable lifestyle or opportunity for expansion to offer lunch/breakfasts if they desire.
• Current lease until September 2019 with 3 further 5 year options.
• Seating area for 80+ patrons with further opportunity to access and trade using the side laneway.
• Full commercial kitchen and equipment set up as new fit out.
• Currently takeaway is offered but it only a small portion of the turnover and has great potential to increase with home delivery.
• Most recent adjusted net profit for 2016-2017 a very healthy $183,191.

73 Liebig Street, Warrnambool

$155,000

Description
Profitable Warrnambool Restaurant

Set in the heart of Liebig Street’s cafe/restaurant scene, Piccolo restaurant has established itself as one of Warrnambool’s most popular restaurants. Features of the business include;
• Currently trading 6 days from 5:30pm (7 days trading in peak times). These hours allow the new operator a very comfortable lifestyle or opportunity for expansion to offer lunch/breakfasts if they desire.
• Current lease until September 2019 with 3 further 5 year options.
• Seating area for 80+ patrons with further opportunity to access and trade using the side laneway.
• Full commercial kitchen and equipment set up as new fit out.
• Currently takeaway is offered but it only a small portion of the turnover and has great potential to increase with home delivery.
• Most recent adjusted net profit for 2016-2017 a very healthy $183,191.

Agent Details
Agency Details
Harris & Wood Real Estate

location

80-82 Liebig Street,
Warrnambool, Victoria 3280

phone

Key Details
property ID 1426945
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