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Pizza Shop Situated In A Shopping Strip On A Busy Road $198,000 In Elsternwick For Sale

Elsternwick, Victoria, Australia
Asking Price:
$198,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Food/Hospitality
Currently on offer is a highly popular pizza shop that sells a wide range of Italian dishes. It not only sells pizza but also offers delicious pasta and irresistible desserts for its customers.

*$8,000 average weekly takings
*$3,000 average weekly net profit
*5+5-year lease agreement
*$820 weekly rent
*90 sqm shop

Jeremy Gao and the team at LINK Melbourne are excited to bring to the market this highly popular pizza shop. It is ideally situated in a shopping strip, exposed to high rates of traffic that passes through the main road daily. The business specialises in gourmet pizzas and offers a range of pasta and desserts to diversify its revenue stream.

The business is staffed by three part-timers and one casual. An owner-operator works approximately 30 hours per week. Operations are simple, which enables for a small team size.

Operating only from 5:00 pm to 10:00 pm, the business has an incredible opportunity to increase hours to include day-time trade. Opening from the afternoon or late morning enables the business to potentially increase overall revenue derived per day.

The premises of the business comprise a well-equipped shop with all the plant and equipment it needs to operate. Business assets include a conveyor oven, walk-in cool room and full kitchen. Purchasers are not required to spend additional capital before starting to derive revenue.

To learn more about this exciting opportunity, contact me today. I would be glad to guide qualified purchasers through the sale process.

Listing ID: 17014
Broker: Jeremy Gao
Phone: +61 3 ---- ---- / +61 --- --- ---
Email: [email protected]