Kingsmen Business Brokers Phone : 0406 26 ****

Popular pizza restaurant with huge growth potential

Listing Id : 294957

Location : New South Wales - Marrickvile -Sydney

Category : Restaurant

Asking Price : 280,000

Business description

Summary

Our client is a well established and beloved pizza restaurant situated in the heart of Marrickville. Established in 2011, it is a popular restaurant with the locals as it is perfectly located close to the Metro shopping centre, industrial area, Enmore Park and others. The business offers a delicious range of pizzas, pastas, calzones, dessert and more for dinner. The business has huge untapped potential with a possibility of expanding the menu and opening times to include breakfast and lunch.  

Revenue

$15,000 pw

Rent

$1,000 pw

Total Expenses

$13,3000 pw

Net Profit

$1,700 pw

Location Details

The restaurant sits on a prime corner spot with a nearby shopping centre, commercial strip, recreational parks and facilities as well as local nightspot attractions nearby.

Potential

This business only trades Monday to Sunday for dinner, approx. 5-5.5 hours per night. Massive opportunity to expand hours to include breakfast, lunch and coffee.

Hours

Sun: 5pm to 10pm
Mon: 5pm to 10pm
Tue: 5pm to 10pm
Wed: 5pm to 10pm
Thu: 5pm to 10pm
Fri: 5pm to 10:30pm
Sat: 5pm to 10:30pm

Lease

The current lease has 2 years remaining (option for 2 x 5 year extensions).

Employees

1 full time staff and 16 casuals.

About the Business

For sale is a highly regarded pizza restaurant with a successful online and delivery presence.

The business for sale has a strong brand and loyal local following. It is positioned in a high traffic area. 

The business is currently automated and can be run with the current systems in place. Higher profit potential for owner-operator.

Key features:
- turnover of $15,000+ per week (with very limited trading hours)
- current 5 year lease ends in 2**** **** with 2 x 5 year options to extend ($1000pw)
- huge potential to increase menu options with breakfast, lunch and coffee

For sale $280,000 (inc stock)

Please email your enquiry to [email protected] or call**** **** and we will be in contact.


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