Licensed pizzeria in popular Morningside pocket

8 days ago

Private Seller

Send an enquiry

All personal information submitted by you as part of an enquiry will be used by us in accordance with our Privacy Policy
 

Summary

Bustling pocket of Morningside, this restaurant comes with significant community support and has undergone extensive renos and equipment upgrades over the past 12 months. Low rent and high potential!

Location Details

Backstreet corner shop location, with plenty of offstreet parking, busy cafe next door, lots of outdoor dining space

Potential

Established/ Easy to Run restaurant for sale

This established pizza restaurant has been operating for many years in the area and is well known by the locals. Awesome location, great exposure

Current owners are relocating interstate for personal reasons. Full commercial kitchen, with majority new equipment less than 12 months old including a 1 week old Moretti oven

All equipment is owned outright and there is significant opportunity to grow and develop the business with space for functions, extended operating hours and expanded menu

Skills

Great opportunity for experienced operators or first time buyers. Low budget operation with low rent and outgoings and high potential

Could suit either an owner operator or use our existing talented staff and just oversee the operations and business development.

Easy to use equipment and operation, quality and reliable suppliers, dine in, take away and delivery platforms all in place

Hours

Currently operating Thurs - Sun evenings, with options to trade from midday to late 7 days

Lease

Current lease term to May 2021 with a great long term landlord and low rent (current rent 450p/w)

Employees

5 long term casual staff

Reason for Sale

Current owners are relocating interstate for personal reasons

About the Business

Small, side street pizza shop in Morningside. Approx 50sqm plus large outdoor seating area. Low rent and outgoings and a strong community support.

We have invested significantly to renovate and upgrade equipment over the past 12 months as well as becoming fully licensed, however unfortunately our personal circumstances will be resulting in an interstate move so we will need to sell our business in this very sought after location

- Fully licensed with beer on tap
- Fully fitted out kitchen and front service area with all new cabinetry and shelving installed just over a year ago
- Outdoor courtyard upgrade - paved, hedged and new tables completed last year
- Full security and alarm systems
- Recently upgraded 3 phase power and natural gas outlets
- Quality and majority like new equipment under warranty

Opportunity to expand hours and operation and for owner operator to reduce wage costs.

History

This location has been a well loved and supported pizza shop for over 15 years and has never looked better with the recent upgrades. Its ready for someone to come and take it to the next level with endless opportunities that you will understand once you see it!

Share this business

It looks like you’re quite fond of this business. Why not save it so you don’t lose it?
Do not ask again

Share this Ad


Cancel

Report this Ad


Cancel