Fantastic pizza restaurant- revenues $400k+, rent $3,100 pm

22 days ago

Private Seller

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Sonia Van Der Marwe
 

Summary

Simple and profitable business for entry-level operators. Wholly owned pizzeria takeaway, Mon to Sun 4-8pm. Low rents $3,100 per month!

Revenue

$420,000 pa

Rent

$37,200 pa

Expenses

$284,800 pa

Net Profit

$98,000 pa

Location Details

Asking price: $160,000 WIWO

Location: Mudgeeraba, Gold Coast. It is next to Exit 79 and only 10' to the beach. The venue is located on a main road surrounded by commercial shops and residential areas. Contact for details.

Potential

The shop opens only from 4-8pm due to owner being too busy with other venues. It used to open for lunch on weekends, earning extra $50,000+/year. Huge growth opportunities without investments:
1. Open lunch Sat and Sun for min $500/day sales and holidays for min $1500/day
2. Dine-in at beautiful outdoor area, selling pasta, parmi and burgers. Recipes are already available, ready for training. This can add min $300 sales per day
3. A full time operator can save another $50,000 per year wages. Owner only works 3 days x 3 hours per week

Skills

This business doesnt require skills. It's a great opportunity for entry level operators.
1. Dough making: following clear recipes. There is dough maker and any staff can teach you to roll doughs. Currently this job is done by junior staff
2. Pizza recipes: follows strict recipes available at the shop. It doesn't require cooking skills
3. Operations: follow daily runsheet. This can easily be trained during transition
4. Menu improvements: Online cooking subscriptions which give you all new menu ideas.

Hours

4 to 8 pm 7 days. On Fri and Sat staff arrive at 3.30pm to cut and prep food supplies. Close public holidays.

Lease

Expires in 2026 with 3 x 3 year options. Total 11 years.

Employees

Low wages as half of staff are junior, only 2 pizza chefs at back of house. Total 8 staff and 1 owner works 9 hours per week.

Reason for Sale

The owner currently runs 3 restaurants and all of them have been growing too rapidly to be able to handle the growth well. They want to sell the pizzeria to focus on the other three venues.

About the Business

This business is qualified for any business or work visas as it is not franchised and the owner has been operating the business since 2022. Seller is open to sponsorship options.

It is ideal for entry level operator with mimimal hospitality experience and limited budget. If you work 40 hours a week including weekends off, you could easily earn over $80,000 profit excluding cash sales. Sales is very stable thanks to local regulars and good reputation. There is also group ordering and catering requests but being too busy, owners refuse these additional incomes. You can also open the business durign holidays and offer casual dine-in. The locals love discounted family meals and quick takeaways such as pizzas and deep fry foods.

Rent is only $3,100 all-in, a rare find these days. Takaway operating expense is also much lower than dine-in business. Owner is willing to help out within 3 months from settlement as they are locals.

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