Listing Number: 32457-764227
PRICE: $ 190,000+ (Stock at Value)
Takings: $468,030 pa |Shop Rent $18,512 pa | $356 pw
Overall rent $ 3,345 PM - $1,800 of, coming from tenants on lease upstairs/private entrance.
OWNERS EARNINGS / NET PROFIT: $ confidential
Successful and well-established, licensed Pizza business strategically located in a highly sought-after city fringe area. 4 % rental! A dynamic business with clever on-trend fit-out and great margins.
The business is ideally located and easily accessible being situated close to MCG and Swan St. This area being the 2nd most visited area after the CBD. All year-round events drawing from Footy, Australian open, Festivals, Cricket and NRL. A young hip demographic in a highly dense and sought-after area.
2020 5+5 options
7 nights per week 5.00pm – 10.00pm
Casuals x 2
Full time x 1
Customer Service, Pizza making, Stock Buying, Staff Management, basic business admin.
A genuine case of having to and not wanting to sell for family health reasons.
The owner of this business has spent two years nailing down the systems and the business is now ready for growth/expansion and would benefit any new owner to either simply take over and run then ramp up with Database Marketing, Brochure Drop, Social Networking and owner operator to tighten margins even further. Potential to take to a licensed or franchise model given the current systems and detailed development.
Increased signage – A frame outside shop and additional social media a huge opportunity given the current sales, unpromoted.
Reason for Sale
A family illness is forcing the owner to return to the U.S to aid his sick father.
3-year trading history.
About the Business| Owners contribution
Currently the owner works 24 hours per week.
Work includes; overseeing staff, liaising with clients and suppliers.
This includes dealing with general business, payroll and accounts, stock control, boxing and managing Pizzas for delivery.
Currently this business is semi managed allowing for further savings if an owner operator were to run the kitchen. Given the systems in place, this could easily be achieved by a non-professional Chef/Cook.
The offer is a cut above the rest with homemade dough and fresh produce allowing for a healthy cost of goods margin and a massive point of difference in this “packet era” of fake offers, and the following and loyalty shows in the sales. Ordering templates and systems make this an easy to run operation.
Serving drinks, Pizzas, desserts and salads – the current long-standing staff have refined the service making this another reason to inherit an existing business with all the hard work in place.
• Top end appliances
• Custom built, specialised pizza marble
• Dynamic and efficient work space
• 4 % rental - unheard of in hospitality
• 32% Cogs inc commissions (to delivery extras)
• 27% Net profit
• Systemized and proven formula
• Easy to manage/short hours
• Central to adjoining affluent City fringe suburbs
• Compact vey well designed lay-out further reducing labour and promoting efficiency
Keen vendor, genuine buyers are encouraged to Contact Sean McBride on 0404 478 829 for a full Information Memorandum.
- Price: $190,000
- Down Payment: TBD
- Sellers Discretionary Earnings: $0
- Total Sales: $0
- Inventory: $0
- FF&E: $0
- Reason for Selling: Moving overseas
- Category: Restaurants