An outstanding opportunity to acquire an established pizzeria in Preston, generating approximately $20,000 in weekly sales and now trading six days per week.
Offered for $280,000, the business provides an incoming operator with a fully fitted commercial kitchen, established trading operation and a favourable lease structure.
Key Features
- Approximately $20,000 in weekly sales - Strong established turnover across a six-day trading operation, providing an excellent base for an experienced hospitality operator.
- Established pizza concept - A popular Italian menu centred around pizza, supported by pasta, focaccia, sides and desserts, providing multiple revenue streams across dine-in, takeaway and delivery.
- Fully fitted commercial kitchen - The premises is equipped with the commercial kitchen infrastructure required to operate the business, significantly reducing the capital expenditure normally associated with establishing a new restaurant or pizzeria.
- Six-day trading operation - The business has recently transitioned to six-day trading, providing increased capacity and the opportunity for an incoming owner to continue building on the current sales performance.
- Low annual rent of $30,000 - The current lease has an initial rent of $30,000 per annum, with GST not payable on the rent. The current term provides three years, with a further two-year option available thereafter.
- Established Preston location - Located on Murray Road in Preston within an established local retail and food precinct, with the business servicing dine-in, takeaway and delivery customers.
- Significant opportunity for an incoming operator - With approximately $20,000 in weekly sales, a fully fitted kitchen and relatively low occupancy costs, the business provides an established platform for an experienced operator to continue developing the operation and maximise the existing six-day trading model.
The Opportunity
This is an opportunity to acquire an established hospitality business with strong weekly turnover, a proven pizza offering, fully fitted commercial kitchen and a favourable rental structure.
The business would suit an experienced hospitality operator, chef looking to take ownership of their own venue, existing restaurant operator seeking an additional location, or an owner-operator looking to acquire an established business rather than start from scratch.
Property Code: 592
