Established 20-year Pizza & Hospitality Business – Doreen

Download Save Saved Print

Doreen, Victoria 3754

$420,000

Key Features

AI generated. Contact seller to confirm.

Prime, highly visible corner location in Doreen
Established takeaway, delivery and loyal customer base
Four indoor tables plus adaptable outdoor seating
Large external and extensive window signage
Ample free street parking for customers
Growth opportunities through seven-day trading, catering and menu development

Turnover: $24,000 per week
Rent/Lease: $6,000 per month; lease until 2034 with an option to extend; outgoings approximately $1,500 per month
Established: 20 years of trading history

Business Details

Business Category Restaurant

An established pizza and hospitality business in a prime, highly visible corner location in Doreen, with 20 years of trading history and a strong base of loyal, returning customers.
Currently operating six days a week, Tuesday to Sunday, with Mondays closed. The business has the opportunity to operate seven days a week, providing further potential for growth depending on the future owner's preferred trading schedule.

There is significant potential for continued growth, with further opportunities including additional seating, catering and menu development.

The shop is positioned on a prominent corner with excellent visibility from the road. It features large external signage, extensive window signage and prominent flashing lights, making the business highly noticeable to passing traffic. There is also ample free street parking available for customers.

Approximately 80% of sales are takeaway, with an established home delivery service also operating.

The premises currently offers:
* Four indoor tables and outdoor seating
* Plenty of space to increase or reduce seating as required
* Excellent street exposure and prominent signage
* Established takeaway and delivery trade
* Free street parking

The current owners have always maintained a strong focus on quality, using premium ingredients and products throughout the business. This provides a strong point of difference for the existing customer base, while also giving a future owner the flexibility to review purchasing and operating costs according to their own business model.

The business is currently trading at $24,000 per week and continues to show strong potential for further growth.

Trading: Tuesday–Sunday, 6 days per week (opportunity to increase to 7 days)
Lease: Until 2034, with an option to extend
Rent: $6,000 per month
Outgoings: Approximately $1,500 per month, including body corporate and bins
Current weekly sales: $24,000
Asking Price: $420,000 for a quick sale

The reason for sale is genuine retirement, with no business-related issues prompting the sale.