Internal Ref: B14615
Summary
This business is well loved by the locals which provides a fantastic opportunity to take over a business with a great reputation.
Revenue
$312,000 pa
Rent
$53,604 pa
Location Details
Situated in the heart of Hawthorn, this established pizza restaurant, available for sale, has thrived for three years in a prime location. Just a short stroll from the train station and bus stops, nestled on a bustling main street with ample parking
Hours
6 Days; Tue - Sun 12pm - 12am (Closed Monday)
Lease
3x3x3 Commenced 1/12/2021
Reason for Sale
Moving Overseas
About the Business
Situated in the heart of Hawthorn, this established pizza restaurant, available for sale, has thrived for three years in a prime location. Just a short stroll from the train station and bus stops, nestled on a bustling main street with ample parking. This opportunity promises convenience and visibility.
Offering an easy and popular Pizza menu that all the locals come back for, this business is well loved by the locals which provides a fantastic opportunity to take over a business with a great reputation.
Trading 6 days a week - 12 pm - 12 am - closed on Monday.
Run largely under management with 7 casual staff. The current owner only overlooks the operations on a casual basis on Friday and Saturday nights.
The owner currently works in the business on a full-time basis with the support of 2 other FT staff and 1 casual.
With an annual revenue of $312,000 and a monthly rent of $4,467, inclusive of GST, the business is secured by a reliable 3x3x3 lease initiated in December 2021.
The premises offers seating for 30 indoors and 8 outdoors, boasting fully licensed until 11 pm. Additionally, the business thrives on deliveries with an online ordering system and collaborations with Menulog, Uber, and Doordash.
There is also a 3 bedroom apartment upstairs which is currently leased out by the room.
Book an inspection today.
For more information and to organise an inspection, contact Elle Likopoulos on 03 9566 7300 or Chris Panagiotidis on 0433 582 533.
Ref: B14615
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