Absolute Business Brokers Phone : 03 9566 **** Chris Panagiotidis
03 95 ****

Long established Pizza Pasta Restaurant Business For Sale Pakenham

Listing Id : 254598

Location : Victoria - Pakenham -Gippsland

Category : Restaurant, Takeaway Food

Asking Price : Price on Application

Business description

This long established Italian Restaurant is looking for a new owner to carry on its reputation for homestyle Italian cuisine.


This restaurant has been going strong in this location for over 35 years.  It has an excellent location in the heart of Pakenham near the corner of 2 main roads.  Pakenham is a fast growing area with many new housing developments and families moving in to the area.


It has a good size dining room with seating capacity for 50 with further seating for 8 outside.  Good for groups, parties and is family friendly.


•    Turnover of $5,000 per week

•    Rent of $565 per week

•    Secure lease of 5x5x5

•    Trading 6 evenings a week, closed on Mondays and open for lunch on Fridays

•    Owner works with 1 full time and 2 part time staff.

•    Offers dine in and takeaway - pick up and delivery; with online ordering facilities.

•    Holds a General License to 11pm and licensed to deliver alcohol.

•    Has a large social media following.


This opportunity only exists because the owner wishes to retire after many years in this business.


Makes an excellent family business.  Well worth inspecting.


For more information and to arrange an inspection, contact Chris Panagiotidis or Elle Likopoulos on 9566 7300 or via email at elle@absolutebb.com.au.

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