On offer is a prestigious pizza restaurant in a prime location with high customer demand. This thriving business has tremendous growth potential, as it currently operates with limited hours and minimal marketing efforts. The restaurant is fully equipped and boasts a contemporary design, providing an ideal turnkey operation for an ambitious new owner.
*$9,500 average weekly takings
*P&E worth $250,000
*4.3/5 Google rating
*was taking $25,000 per week
*$450,000 spent on shop
*State of the art set up
Alam El Basha and the team at LINK Melbourne are proud to present to the market a thriving pizza shop.
Introducing a highly profitable pizza restaurant garnering an impressive rating of 4.3 out of 5 based on 145 commendable reviews, this establishment has gained a strong reputation in the local community. One of the key highlights of this business is its commitment to using locally sourced produce, ensuring top-notch quality and freshness. With an average weekly revenue of $9,500 and a cost of goods at 30%, the profitability of this restaurant is notable.
Strategically positioned in a popular and high-demand strip, it occupies an expansive space of 100 sqm. Notably, the establishment features an impressive state-of-the-art setup, having recently undergone a modern renovation with stylish tiled walls. Additionally, it comes fully equipped, eliminating the need for any further investment on the part of the new owner.
The current owner only dedicates minimal hours, with no marketing efforts. The new owner can capitalize on this untapped potential by implementing effective marketing strategies and expanding the trading hours.
To learn more about this exciting opportunity, contact us today! We would be glad to provide more details to qualified purchasers.
Listing ID: 17130
Broker: Alam El Basha
Phone: +61 3 9819 4211 / +61 407 990 000
*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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