This longstanding pizza restaurant has been operating for over a decade and is a highly regarded establishment in the suburb. It experiences strong delivery demand among locals, resulting in its lucrative weekly takings reaching around $11,000 per week. It is ideal for a family operation or an owner operator, even can be operated under management.
*Taking $11,000 PW
*New lease available with great terms
*Cheap $770 pw rent
*Attractive margins; COGS: 24%
*$50,000 worth of P&E
*Short hours (3.5 hours weekdays: 4.5 hours Fri-Sat)
*Own delivery application
*Strong third-party delivery sales (30%)
Sanjay Agrawal and the team at LINK Melbourne are thrilled to present a popular pizza restaurant in Melbourne’s Northern suburbs.
Since 2010, it has provided locals with a comprehensive menu of classic and specialty pizzas that no other pizza shops offer, providing it with a stellar local reputation that competitors would find hard to match.
It experiences an equally strong demand for its dine-in, takeaway and delivery services, resulting in its consistently substantial weekly takings.
Its delivery sales, in particular, are driven by orders placed through its online ordering application and third-party vendors such as Uber Eats and DoorDash.
It is centrally located in the suburb, close to other thriving establishments and visible to high foot and motor traffic volumes. Moreover, it is only 7 km from Melbourne CBD, enabling it to attract Metro locals as well.
It also occupies an extensively equipped shop fitted with all assets necessary for its operations. It is also interior decorated with casual middle eastern furnishings, providing customers with a unique dining experience each time.
This well-presented and profitable business could be yours today! Give me a call to discuss the next steps.
Listing ID: 16850
Broker: Sanjay Agrawal
Phone: +61 3 9819 4211 / +61 402 023 502
*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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