LINK Business Brokers Australia

About this business for sale in Melbourne

Situated in an unbeatable position in one of Melbourne’s fastest growing residential suburbs, this traditional Italian restaurant is well known in the local community for serving up quality pizza and pasta and affordable prices.

The 104sqm premises is fully equipped and fitted including a full commercial kitchen, a double deck conveyor oven, a wood fire pizza oven, walk in coolroom, and much much more. All that’s missing is some fresh new energy and ideas.

Key features of the business include:

*Taking $20,000 per week
*Open 6 nights, closed Monday
*Short Hours
*Enormous profits
*Cheap $1,019 rent per week
*15 Year lease in place
*Lots of parking available
*Corner position in a high exposure location, surrounded by key retail outlets
*Huge potential to increase takings through extending opening hours and obtaining a liquor licence

Big improver! Offers welcomed.

For more information please contact Jad Naddaf from LINK, formerly Klemms on the below:
Phone: 0412 554 466
Email: jad.naddaf@linkbusiness.com.au

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*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.

Listing: #ME00203
Price: $360,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Melbourne Region, Melbourne
Food/Hospitality, Restaurant
*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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