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Pizza Shop In Coffs Harbour For Sale

Coffs Harbour, New South Wales
Asking Price:
$68,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$700,000 (AUD)
Cash Flow:
Not applicable

Pizza shop in Coffs Harbour, been running for 12 years at consistent sales growth as a franchise outlet - priced for immediate sale due to end of franchise agreement. Multi-store owner has run this mostly under management since 2013. Store is available to purchase to run as either a privately-run pizza business, or alternatively, as a franchise with a new franchise agreement.

Store is immaculately presented, with brand-new signage and perfectly situated in Centre on the Pacific Highway (opposite the Coffs Harbour Showgrounds). High traffic area with a 24-hour petrol station, Rebel Sport, Good Price Pharmacy, Jaycar, Fishing Tackle Australia, Harbour Palace Chinese Restaurant, etc. The Centre is also currently completing a full refurbishment, which will attract additional foot traffic and present a modern, attractive stop along the highway.

Key features:

- Profitable store with 2018 FY revenue at just under $700k.

- Much more room to grow with some targeted local marketing.

- Easy access to new housing estates that are not serviced by competitors.

- Ample parking, great frontage onto the national highway and right in the middle of Coffs Harbour.

- Reasonable rent rates, new lease available.

- Fully-owned equipment has been serviced and maintained regularly, very new efficient WOW conveyor oven installed.

- Consistently excellent ratings from council inspections over the years, most recent inspection was noted that the store is run “to the highest standards”.

- If privately-run, has ample room for additional products to fill niche (gelato, pastries, etc.)

- Perfectly suited to an owner-operator, or a couple wanting to run a business together.

Reluctant sale, but owner is needing to focus more on other store away from Coffs Harbour, and other interests. Owner will be able to help with any information needed on how the business has been operated, and will continue to be available for help or advice after handover.

This is the opportunity of a lifetime to own a successful business at a fraction of the set-up cost; the store must be sold by early 2019 due to contractual obligations. All offers considered, serious enquiries only please.

If interested please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

New lease available.

Location:

Prime location on Pacific Highway, right in the middle of Coffs Harbour.

Premises Details:

Ample parking, 24-hour petrol station, alongside high-profile businesses such as Rebel Sport, Good Price Pharmacy and Jaycar.

Business Operation

Expansion Potential:

Plenty of room for some local marketing, and especially in growing areas such as Sapphire Beach, Moonee Beach etc. which is not serviced by competitors.

Reasons for selling:

End of franchise agreement and owner needs to focus time on store located a distance from Coffs Harbour.

Trading hours:

Flexible if privately-owned.

Currently under franchise:
Sunday - Thursday 11am - 10pm
Friday and Saturday - 11am - 11pm

Years established:
12

Other Information

Support & training:

Current owner will be happy to provide ongoing support and advice as needed, for the first 2-3 years.

Owner financing:
Owner financing is available. Please contact the seller for more information.

Contact Information

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