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Thriving Pizza Restaurant in Melbourne's Most Sought After Shopping Precinct! $110,000 (17103)

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Price

$110,000

Profit *

Refer to Broker

Sales Revenue

Refer to Broker

Location

Melbourne Region, Melbourne

Category

Food/Hospitality, Restaurant

Listing #

ME02553

Gerry Morelli

Business Broker
Melbourne
+61 3 9819 4211
+61 417 353 120
gerry.morelli@linkbusiness.com.au

About this Business for sale in Melbourne

On offer is an Italian pizza restaurant and takeaway, currently averaging $9,000 in weekly revenue. This eatery is situated in a prime location with excellent street frontage and enjoys high visibility and foot traffic. With immense growth potential, this opportunity awaits a motivated or experienced operator ready to elevate the restaurant to new heights of success and culinary excellence.

*Taking $9,000 PW on average
*COG: 30%
*2 FT | 1 PT | 1 casual
*120 sqm
*32 seats (in and out)
*Unique liquor license
*6-day operations
*3+3+3-year lease agreement
*$740 weekly rent
*P&E worth $80,000

Gerry Morelli and the team at LINK Melbourne are thrilled to present a distinguished pizza shop to the market.

Presenting an exceptional Italian Pizza Restaurant and Takeaway specialising in authentic Italian cuisine, encompassing a delectable assortment of handcrafted pizzas, pasta, and fresh salads. This establishment demonstrates consistent financial stability with a commendable average weekly revenue of $9,000. The strategic partnership with a trusted third-party vendor further enhances operational efficiency, expanding the business’s reach.

Strategically located in Melbourne’s vibrant commercial district, this turn-key establishment is surrounded by a bustling nightlife scene. It features 120 sqm premises and an expansive undercover backyard area with great potential for transforming into a thriving beer garden. The pizza shop with a low weekly rent of $740 is fully equipped and primed for immediate operation, making it an effortless transition for a new owner. Additionally, it provides the convenience of an upstairs dwelling, offering a seamless work-life balance.

Operating six days a week, it presents a consistent and reliable schedule for customers. Its unique liquor license adds an enticing element to the dining experience, providing the opportunity to enhance revenue streams. With immense potential for improvement, this establishment eagerly awaits a motivated operator to take it to new heights of success.

Get in touch with us today to start the acquisition process.

Listing ID: 17103
Broker: Gerry Morelli
Phone: +61 3 9819 4211 / +61 417 353 120
Email: gerry.morelli@linkbusiness.com.au

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Gerry Morelli

Business Broker
Melbourne
+61 3 9819 4211
+61 417 353 120
gerry.morelli@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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