PRICE REDUCED - PETER’S PIZZA & TAKEAWAY – PRESTON MARKET

27 days ago

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Summary

Sales b/w $850,000-$900,000 pa - Strong net profit of $200,000pa - Well established for well over 40 years - Located in the best corner position within the iconic Preston Market - Open 5 days

Location Details

Preston Market - 30A The Centreway

About the Business

Located within the bustling Preston Market, Peter's Pizza & Takeaway has been a beloved local eatery for the market enthusiasts for well over 40 years, serving up delicious pizza, pasta, takeaway meals, ice creams and cold drinks to its diverse and loyal customer base. Peter's Pizza & Takeaway has a strong reputation for its quick service, friendly staff, and consistent quality pizzas, making it the go-to spot for both regular market goers and new visitors to the area. This well-established business benefits from its prime corner position in one of Melbourne’s most vibrant and multicultural markets.

The Preston Market is a major hub for shopping and socializing in the northern suburbs of Melbourne. It attracts a diverse crowd, including families, young professionals, and elderly residents. The market's vibrant atmosphere and wide range of offerings draw a steady flow of customers from various cultural backgrounds, all seeking quality food at affordable prices. Peter's Pizza & Takeaway is well-positioned to cater to this demographic, offering a convenient, well priced and satisfying meal option for all market visitors.

Peter's Pizza & Takeaway is located in arguably the busiest corner position within Preston Market ensuring high foot traffic, especially during weekends and market events, further enhancing the business’s visibility and customer appeal. This is an excellent opportunity for a new owner/operator to take over a thriving business with strong community ties with an excellent ROI, situated in one of Melbourne’s most iconic markets. To inspect call Marc 0412 359 907.

BUSINESS HIGHLIGHTS:
Annuals sales b/w $850,000-$900,000 pa
Strong return with net annual profit of $200,000
Secure new 5 year lease in place (commenced November 2024)
Well established for well over 40 years
Located in the best corner position within the iconic Preston Market
Open 5 days: 8am – 3pm & until 6pm on Fridays (closed on Monday & Tuesday)
Will suit either owner/operator or investor
Easy to run business model with low staffing levels
All modern equipment in excellent conditions and all included in sale
Trial period, full training and comprehensive handover included
Huge growth potential to promote Menulog & UberEATS to further increase sales

PRICE REDUCED: ALL OFFERS NOW INVITED FOR A PRE XMAS SETTLEMENT
To inspect call Marc 0412 359 907.

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