LINK Business Brokers Australia

About this Business for sale in Balwyn - East

Selling Woodfired pizza, pasta and fresh, authentic Italian food, this restaurant has become hugely popular among the local community with majority of it’s customers returning on a regular basis. Strategically located on a busy main road shopping strip, the business is surrounded by key retail and hospitality traders, residential properties, and public transport options. The shopping strip is constantly bustling at all hours of the day and brings endless foot traffic to the business.

The 120sqm premises includes a full kitchen, a woodfire pizza oven, a coolroom, seating for 60 inside and a further 60 outside in the courtyard, a function room and office space upstairs, and holds an 11pm liquor licence. It also offers huge potential to operate as a cafe during the daytime as the site includes a coffee window opening onto the street which currently isn’t used.

Key features include:

*Taking $20,000 per week
*Open 7 days per week, 5pm-9:30pm
*High profits
*Affordable $1,130 per week rent
*Uber Eats delivery only
*Good lease available
*Fully equipped and fitted

For more information please contact Gerry Morelli from LINK on the below:
Phone: 0417 353 120
Email: gerry.morelli@linkbusiness.com.au

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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.

Listing: #ME01787
Price: $355,000
Profit*: Refer to broker
Sales Revenue: Refer to broker
Eastern Suburbs - Victoria, Balwyn - East
Food/Hospitality, Retailer
*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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