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6 days Profitable Long Established Pizzeria Restaurant

$459,000 + SAV

Pymble Region, New South Wales

6 days Profitable Long Established Pizzeria Restaurant

An authentic neighbourhood Italian Pizzeria offering a modern twist to the world famous cuisine. It has been run by one family for more than 20 years, now owner is going to retire, but happy to stay in the business for a while to ensure a smooth transition for the new owner.

Headlined by a strong team, the head chef and front house manager can run the show without the owner’s involvement.

This business only opens for 6 days a week in the night-time only, but averages $19,000 worth of weekly sales.

There is an opportunity to add a cafe during the daytime to take advantage of the rent. The new owner may also offer breakfast and lunch menus to double up current turnover. Weekly rent is only $1,200 plus GST. Long lease term available upon request.

Aspiring but inexperienced owners can simply adopt the current concept and continue operating as a traditional Pizzeria. Have the flexibility to keep your daytime for yourself and have more freedom and let the business make you money with minimal supervision required. 

Key features of this investment opportunity:
• Long established business with a very good track record. A go-to pizzeria for the local community.
• Attractive weekly rent of $1,200 plus GST with 5+5 year lease
• Night-time trading only, do what you want during daytime.
• Weekly sales of $19,000, net profit of $5,000 - $6,000 per week
• Increase sales by opening cafe in the daytime which can be run by a separate team
• Current owner is willing to stay onboard and ensure a smooth transaction to new ownership
• Can be fully under management

This is a rare opportunity for a food lover or cafe operator to take this business to the next level of profitability. This is an already well established business that still has room for growth. Great financials rewards awaits the next devoted and passionate owner / operator!

Keywords: Pizzeria, Profitable Business, Long Established Business, Night time business, Northwest
Ref: NSW09683
Timestamp: 20211118020058

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Last updated: 18th November 2021

Summary

Property Type
Business
Contract Type
For Sale
Location
 Pymble
State
 New South Wales
Price
$459,000 + SAV
Category
  • Takeaway Food

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