Internal Ref: B15131
Summary
An excellent opportunity to acquire a long-established hospitality business with an impressive 20-year trading history, multiple revenue streams and plenty of scope for further growth.
Revenue
$208,000 pa
Rent
$39,216 pa
Lease
New lease available
About the Business
An excellent opportunity to acquire a long-established hospitality business in Caulfield North, with an impressive 20-year trading history, multiple revenue streams and plenty of scope for further growth.
Currently trading limited daytime hours, the business generates approximately $4,000 per week through its core retail operation, with a strong mix of pizza and coffee sales.
Beyond the shopfront trade, the business also benefits from established wholesale and catering revenue streams, providing additional income and further opportunities for an incoming owner to expand.
The premises are well equipped with a commercial kitchen, pizza oven and walk-in coolroom, with seating for approximately 16 customers inside and a further 12 outside.
One of the standout opportunities here is the trading hours. The business currently closes by 5pm Sunday to Thursday, trades only until 3pm Friday and is closed Saturdays, leaving significant scope to introduce evening and weekend trade and make greater use of the existing setup.
Key Features
Approx. $4,000 per week retail takings
Additional established wholesale & catering revenue streams
Approx. 20 years established
Caulfield North location
Approx. $70,000 equipment value
Commercial kitchen, pizza oven & walk-in coolroom
Seating for approx. 16 inside & 12 outside
Rent approx. $3,268 per month including GST with a new lease available.
Currently operated by 2 part-time owners plus 3 part-time staff
Limited daytime trading hours
Significant potential to extend trading hours and grow the business
With a long trading history, established infrastructure, diversified revenue streams and obvious scope to increase operating hours, this is an appealing opportunity for an owner-operator looking for an established hospitality business with room to grow.
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or [email protected].
Ref: B15131
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