Price
$239,000 + SAV
Profit *
$172,000
Sales Revenue
$702,000
Location
Moreland, Pascoe Vale
Category
Food/Hospitality, Restaurant
Listing #
ME03345
This is an exceptional opportunity to acquire a well-established pizza and pasta business with over 10 years of successful trading, generating strong revenue with excellent profit margins in Melbourne's northern suburbs.
This popular takeaway business operates from a prime corner position in a busy shopping strip, benefiting from excellent visibility and a loyal local customer base. Well known throughout the northern suburbs for quality offerings, the business has built a strong reputation and consistent clientele over more than a decade of operation.
Currently operating under management with minimal owner involvement, the business presents an ideal opportunity for an owner-operator to increase profitability by reducing wage costs whilst maintaining the established trading model. The premises feature quality equipment in good working order, providing a turnkey operation ready for immediate transition.
*$702,000 annual revenue
*$172,000 annual net profit
*3+3+3+3-year lease
Contact Ken Bouchebli or Nadia Polzella today before this profitable business is snatched away by other purchasers!
Listing ID: ME03345
Broker: Ken Bouchebli
Phone: 0406 966 455
Email: [email protected]
Broker: Nadia Polzella
Phone: 0417 641 990
Email: [email protected]
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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