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$83,000
$338,000
This established pizza shop in East Melbourne offers a profitable takeaway service with annual takings of $338,000 and a net profit of $83,000.
*Annual takings of $338,000
*Includes plant and equipment
*Net profit of $83,000
*Rent at only $2,542.86 per month
*Easy to manage business model
*Significant growth potential
Alam El Basha and the team at LINK (Melbourne) are thrilled to present a profitable pizzeria in East Melbourne to the market.
This establishment operates as a successful takeaway service with annual takings of approximately $338,000 and a net profit of $83,000. It is well-equipped with essential plant and equipment, including two ovens, a dough machine, a fryer, multiple POS systems and various refrigeration units, facilitating efficient operations.
Operating hours are from 4:30 pm to 9:30 pm, Wednesday through Sunday, with the shop closed on Mondays and Tuesdays. The business employs three part-time staff members, resulting in monthly wage expenses of $1,800.
The shop’s rent is $2,542.86 per month, excluding GST. Other ongoing costs include around $200 for council rates, $2,500 for insurance and utility expenses of $100 for gas and $120 for water. Additionally, a three-month security deposit is required.
The business has significant growth potential. Opportunities include expanding the kitchen menu, conducting a pamphlet drop, enhancing social media advertising and considering rebranding. This pizza shop is a bargain with easy management and considerable room for improvement.
Listing ID: ME03071
Broker: Alam El Basha
Phone: 0407 990 000
Email: alam.elbasha@linkbusiness.com.au
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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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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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