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On offer is a thriving wood-fired pizza restaurant located in a bustling area. This well-established business enjoys a loyal customer base and generates strong weekly revenue. With its streamlined operation and well-equipped premises, this opportunity presents excellent potential for an owner-operator or a family-run business to further capitalise on its success.
*$9,410 average weekly takings
*COG: 28%
*120 sqm
*Cheap rent $577 per week
*3x3x3x3 lease term (commenced in 2019)
*6-day operations
*P&E Worth $40,000
*Fully equipped and liquor licence in place
Con Tsonis and the team at LINK Melbourne are proud to present this well-established pizza restaurant to the market.
This thriving wood-fired pizza restaurant is a popular culinary destination known for its traditional pizza and vibrant atmosphere. With a strong customer base and consistent weekly revenue, it presents an enticing opportunity for a new motivated owner.
The pizzeria benefits from its prime location, strategically positioned amidst a thriving cluster of businesses, attracting significant foot traffic. The premises features casual dining both indoor and outdoor, easy to operate front and rear food prep areas.
The business is efficiently managed by an owner-operator, supported by a committed team, ensuring smooth operations. Dine in, take away and delivery via third party partnerships contribute to its revenue stream, ensuring steady influx of customers.
Options to increase hours of trade and expansion of menu exist for significant potential for growth.
Same owner since established 2010
To learn more about this exciting opportunity, contact Con today!
Listing ID: 17141
Broker: Con Tsonis
Phone: +61 3 9819 4211 / +61 411 744 466
Email: con.tsonis@linkbusiness.com.au
*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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