Price
$199,000 + SAV
Profit *
$120,000
Sales Revenue
$520,000
Location
Brisbane Region, Brisbane City
Category
Food/Hospitality, Takeaway Food
Listing #
BR01091
Established in 2006 and under current management for the past 4 years, this successful wood-fired pizza shop is back on the market offering buyers & investors a unique lifestyle opportunity and excellent profits.
Largely acclaimed by its local following and clientele as one of the best pizzas in Brisbane, this business has won numerous awards such as the best bayside pizzeria in Brisbane by the Courier Mail (2021) and best Italian restaurant (2021) by the Australian Good Food Guide.
Highlights
– Weekly sales in excess of $11,000 (No UberEats, Menulog or Deliveroo)
– Record low rent of only $430 p/week all inclusive with lease expiring in 2023 + 2×3 years renewal options
– 6 days operation (Tue – Sun) from 5pm to 8.30pm
– 1x Manager; 3x Kitchen Staff; 3x Waitstaff (Under Management)
– Genuine reason for sale & owner looking to train & offer full support to an incoming buyer
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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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.
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