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$289,000
This renowned wood-fired pizzeria has been a thriving business since its establishment in 2004. With its longstanding presence, it has become a beloved destination for pizza lovers. Another notable aspect of this business is its fully equipped and beautifully decorated premises. Furthermore, it holds a liquor license, enabling customers to indulge in alcoholic beverages. Whether to expand on its current success or leverage its reputation, the potential buyer will have the advantage of taking over a well-established and respected establishment.
Taking $26,000 PW on average
Delivery revenue of $3,000 to $4,000 PW
5 FT | 10 PT | 1 Owner operator
Long-term lease
35 (outside) seating capacity
P&E worth $150,000
Unique liquor license
5-day operation
Fully Equipped
Alam El Basha and the team at LINK Melbourne are thrilled to present an iconic restaurant business in the market.
This exceptional wood-fired pizzeria presents an outstanding turnkey business opportunity for prospective buyers. With its extensive menu and a longstanding reputation in the industry, the restaurant has established itself as a trusted and popular establishment. Furthermore, it benefits from solid online recognition, boasting an impressive 4.2 rating based on 712 Google reviews. The regular influx of tourists passing by expands the customer base, presenting additional opportunities for increased sales.
The impressive weekly taking of $26,000, coupled with a reasonable cost of goods (COG) at 28%, highlights the profitability of this business. Additionally, the delivery service consistently generates $3,000 to $4,000 weekly, tapping into a lucrative market segment.
The premises are fully equipped and exquisitely decorated, creating an inviting ambience that enhances the overall dining experience. With a liquor license in place, the pizzeria adds value for customers.
The dedicated staff are dependable and committed to remaining with the business. The owner-operator model ensures a hands-on approach, while the semi-managed operation enables some flexibility.
Get in touch with us today to start the acquisition process.
Listing ID: 17070
Broker: Alam El Basha,
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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