This business is a café, restaurant and pizzeria that has become a go-to for many Greensborough locals. It offers Portuguese and Mediterranean-inspired cuisine, making it stand out among the very few nearby restaurants. The business is simple to operate and is highly profitable due to low overheads. As such, it is the ideal investment for families or aspiring owner-operators seeking a turnkey business that requires no additional capital outlay after settlement.
*Taking $11,500 PW
*P&E worth $120,000
*Substantial seating capacity (46 inside and out)
*Short Hours (nights: 6 | lunch: 2)
*Sells 10 kg of coffee PW
*4.4/5 Google rating
Jeremy Gao and the team at LINK Melbourne are proud to present a well-established café, restaurant and pizzeria to the market.
It has been owned and operated by the same owner for the past eight years and has cultivated a loyal customer base who have grown to love and support the business and its offerings since 2018.
Notably, there are no pizzerias in its proximity, making its long lease significantly valuable for incoming owners should they desire to continue operating the business as is.
Its premises are fitted with contemporary interiors, a substantial seating capacity and a full commercial kitchen. It is complete with all assets required for its operations – no additional capital outlay is required!
It has a full team in place, including one full-time, three part-time and three casual staff members, with its current owner involved in the operations. As such, incoming owners can follow suit or run the business under management.
Considering it is located in a residential area, there is a tremendous opportunity to boost revenue by offering delivery services via in-house drivers or third-party vendors.
If you’re seeking a time-tested business with low overheads, this is the perfect opportunity for you!
To learn more about this exciting business, give me a call today for an obligation-free discussion.
Listing ID: 16898
Broker: Jeremy Gao
Phone: +61 3 9819 4211 / +61 452 606 199
*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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