High Turnover Established Pizza Restaurant | South Brisbane

2 days ago

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David Rey
 

Summary

Iconic Pizza and Beer Restaurant in Thriving South Brisbane Suburb

About the Business

Iconic Pizza and Beer Restaurant in Thriving South Brisbane Suburb

An exciting opportunity to own and run one of the most established pizza and beer restaurants in a thriving community in South Brisbane. This pizza restaurant has a loyal following with in the local community and is a proven consistently profitable business. This restaurant offers dine in, takeaway and delivery options and has no direct competition in the near by area.

Key Highlights
- Prime Location: Strategically positioned and capturing high visibility and local foot traffic in vibrant, loyal community.
- Exceptional Rent: Rent is significantly below industry standards at only 6% of total sales, providing a secure high margin foundation for a new owner/operator to come on board.
- Established Brand: Boasts a loyal local following and impressive highly rated on all platforms.
- Versatile Service Model: Capture maximum market share, successfully integrated high-volume dine-in atmosphere with takeaway and delivery revenue streams in place.

Enjoy working afternoon hours and early night finishes with great operating hours and 6 days a week trade. This business is well set up, easy to run and ready for a new operator to step in and benefit from the hard work already done.

Lease Details
10 months remaining on current lease and 1 x 5 year option available.
Lease commenced February 2017 - Only 3% rent increases - 3 month bond is required.

Premises Details
Approx. 100 square metres. 80 pax total with large front outdoor seating area. Full pizza kitchen and equipment. 2 x parking spaces.

Staff Details
7 x staff (all casual)

Opening Hours
Currently trading 6 nights per week
Tuesday to Sunday 4:00pm-9:00pm

Opportunity
Focus on catering by partnering with local businesses.
Increase weekend trade hours and run specials to promote this.

**Weekly**
Sales $15,500
Rent $940
Wages Wages
Net Profit $2,567

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