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$206,340
$1,175,346
Long-established pizza restaurant situated in West End, just a 5-minute drive from Brisbane CBD and part of a residential complex, surrounded by other retailers, guaranteeing steady foot traffic and visibility.
The business runs under management with a solid team in place, specializing in Italian cuisine and offering pizza, pasta, specials, and drinks.
Highlights:
– Consistently achieving weekly sales well in excess of $20,000
– Established in 2017 with lease expiration date in September 2029
– Base rent of $60,000 + GST & outgoings (approx. 5% of revenue)
– Boasting top online ratings, we are a local favorite serving authentic Italian classics and wines
– An experienced team of 10 staff members (incl. Restaurant Manager)
– Limited owners involvement with strong systems and procedures in place
This opportunity, priced at $299,000 + SAV, comes with a genuine reason for sale. Enquire now to discover more and receive a comprehensive information memorandum.
Business Broker: Matteo Melis
Ref: BR01393
Mobile: +61 433 719 112
Email: matteo.melis@linkbusiness.com.au
LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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