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Very Busy Woodfired Pizza Business For Sale

Northern Suburbs Sydney, New South Wales
Asking Price:
$210,000 (AUD) Furniture / Fixtures included
Sales Revenue:
$1,248,000 (AUD)
Cash Flow:
$110,000 (AUD)

Turnover more than $1.1M pa
Trading 7 nights from 5pm
Simple pizza pasta menu
Strong takeaway trade
Valuable liquor license
Established 8 years - one owner
Operating under management
Strong profits

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

Property information

Real Estate:

Lease

Lease Terms:

Three years left to run on a current five year lease, and a further five year option in lessee favour is available.

Leasehold Rent:

$135,000 (AUD) per annum

Living Accommodation:

There is no living area associated with the business.

Location:

The business is located on busy street frontage at the front of a local shopping centre strip with cafes, a bakery, Harris Farm Market, chemist, bottle shop and more, all close by. We are a focal point suburb between the lower and upper North shore with fast five minute access to Chatswood and beyond.

Premises Details:

The premises is 110 Sqm also with an external undercover balcony, dual front and rear access with a large parking courtyard at the rear of the shopping complex and an ATM directly to the rear. The venue is wheelchair accessible, and comes with one secure car space on title. The rear access is convenient for delivery drivers and Uber delivery to access the kitchen.

Size in square feet:
250
Planning Consent:

D A in place for licensed restaurant, pizzeria.

Business Operation

Expansion Potential:

A future owner can grow the business by working in it themselves (currently under management and owner does not work in the business). A future owner may also choose to open lunch times to grow revenues, as well as offer catering to offices in Chatswood and Willoughby.

Competition / Market:

There are no direct competitors in the vicinity, we are the only wood fired pizza business within a 3km radius. We have a captive local audience.

Reasons for selling:

Change of career.

Trading hours:

Sunday to Thursday 5pm -9pm
Friday and Saturday 5pm-10pm
Sunday 12-3pm

Employees:
10
Years established:
8 years

Other Information

Support & training:

Current head chef/manager can spend one month with new owners to train them up on method and recipes of the business

Furniture / Fixtures value:
$220,000 (AUD) - included in the asking price
Inventory / Stock value:
$5,000 (AUD)
Website:
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