Italian Pizzeria In The Suburb Of Templestowe (rent $520 Only)

Premier Pizza Business in the trendy and prestigious suburb of Templestowe

A highly desirable area with large Italian and Greek communities, attracting a diverse clientele.

Surrounded by successful businesses and numerous residents

Professionally equipped shop with high-quality commercial equipment all in excellent condition.

A complete kitchen inc. all required cooking facilities in top condition

and a dine-in section fitting 25 seats inside, plus room outfront and in the back-yard to extend the seating capacity

With original Fit-out and Equipment cost around 250K to set up

Business offers an attractive weekly rent of $520 plus GST

A secured long-term lease with 10 years remaining.

Currently operates 6 days a week, totalling 23 hours of trade.

With low overheads, the business generates a notable Net Profit of $2,400 p/week (approx.)

Features a simple-to-operate business model, ideal for those new to the industry or looking for an easily manageable business, with comprehensive training provided to ensure a smooth transition.

Growth Opportunities:
- Extending trading days and hours to improve sales and profitability.
- Marketing improvements, e.g. focusing more on Google Ads, social media pages, flyer distribution, etc
- Improvement in Marketing (ie. focusing more on Google Ad, Social Media pages, Flyer distributions etc.)
- Applying for Liquor License which is a simple process (currently it's permitted for BYO)
- Applying for outdoor seating permit for both out-front and shop's backyard
- and many more

Asking Price: $189,000



For more info about this unique business opportunity, contact Sam at Expert Business Brokers:
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