Internal Ref: B14780
Summary
*UNDER OFFER * Here’s a fantastic opportunity to step into a well-established and highly regarded pizza and pasta takeaway business in a prime location that’s hard to beat.
Revenue
$442,000 pa
Rent
$39,936 pa
Location Details
Right across from the MCG, close to several hospitals, this business has built a solid reputation over the past six years. It's positioned perfectly to capture consistent foot traffic and a steady stream of local and loyal customers.
Hours
Mon - Wed 5pm - 9:30pm, Thursday - Saturday 5pm- 10pm, Sunday 5pm - 9:30pm
Lease
5 Years - commenced 1/10/2021, plus 2 x 5 years
Employees
1 PT owner, 3 PT staff, 2 casual (drivers)
Reason for Sale
Changing career
About the Business
*UNDER OFFER *
Here’s a fantastic opportunity to step into a well-established and highly regarded pizza and pasta takeaway business in a prime location that’s hard to beat. Situated right across from the MCG, with a tram stop at the doorstep and close to several hospitals, this business has built a solid reputation over the past six years. It's positioned perfectly to capture consistent foot traffic and a steady stream of local and loyal customers.
The business is performing exceptionally well, pulling in an impressive $442,000 annually in takings, with a net profit of $104,000. The takeaway model has been finely tuned, with 60% of orders coming through delivery and 40% through pick-up, ensuring that operations run smoothly and efficiently. There’s even a little something extra for customers who prefer to dine al fresco, with two tables and four chairs set up outside. Plus, two dedicated car spaces and storage at the back make it easy to manage deliveries and stock.
Rent is very reasonable at $3,328 per month (including GST), with manageable outgoings of $3,500. And with a current lease in place until 2026, plus two additional 5-year options, there’s plenty of security for the future.
The business runs with a small, reliable team, including a part-time owner, three part-time staff, and two casual drivers. Trading hours are flexible, making it easy to maintain work-life balance, while still ensuring consistent revenue. You’ll find the doors open Monday to Wednesday from 5 pm to 9:30 pm, Thursday to Saturday from 5 pm to 10 pm, and Sunday from 5 pm to 9:30 pm.
With an estimated stock value of $7,000 and equipment worth around $50,000, the business is fully equipped and ready for you to take over. Whether you’re an experienced operator looking to expand your portfolio or a first-time buyer searching for a profitable, manageable business, this opportunity offers a solid return on investment and long-term potential.
This is a business with strong foundations, and all it needs is the right buyer to continue its success.
For further details or to arrange an inspection, please contact:
Chris Panagiotidis & Elle Likopoulos
Phone: 0433582533
Email: [email protected]
Ref No: B14780
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