Great Opportunity: Popular Local Pizza Restaurant in the Cumberland LGA.

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Summary

Step into a successful and well-established pizza restaurant business, established for over 15 years opporating 5 nights a week Wed to Sun 5.00pm till 9.00pm.

Revenue

$300,000 pa

Rent

$38,500 pa

Expenses

$72,000 pa

Net Profit

$101,500 pa

Location Details

45A Old Prospect Road,
Business is located on the main street next to a major KFC and other food sellers on the local trip.

Potential

Currently trading 5 evenings per week, Wednesday to Sunday 5.00PM till 9.00OM making it ideal for a hands-on owner or someone looking to grow an already profitable business.
Location has council approval to trade from 6.00am till midnight making a great opportunity to expand the business and increase turnover, current owner unable to increease houre due to health reasins.

Skills

Business can be run with one pizza maker, one chef and two drivers / kitchen hands.

Hours

Wednesday to Sunday 5.00pm till 9.00pm.

Lease

current two years lease remaining + option for 5 more years.

Employees

Owner with sous chef and two casuals.

Reason for Sale

Owner Retiring due to health reasons and after 15 years of trade it's time to hand the business to a motivated buyer to step in and take over the well run business with huge growth upside.
This is a rare chance to own a thriving pizza shop in a booming area with a loyal customer base.

About the Business

Consistant Weekly Taking approximately $7,500 + per week approx with plenty of potential to increase.
Low Rent with a 2 year current lease: Only $750 per week incl GST & Outgoings with + 5 year option lease available.
Great Location: High vehicle traffic with consistent local customer base.
Fully Equipped kitchen, pizza ovens, preparation area and ample storage.
Expansion Potential: Opportunity to extend trading hours, introduce lunch service.
Carparking in rear accomodating up to 15 vehicles.

History

Business has been trading for 15 years succesfull years, taking 2 months off every year.
Figures are based on a 10 month trading data.

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