Italian Pizzeria Restaurant Business Opportunity

Profitable Pizzeria in Prime Location - $350K + Annual Profit

Established in 2017, this highly profitable pizzeria Italian pizzeria restaurant boasts a prime location in a bustling southwestern suburb, generating $1.1M+ in annual revenue with an adjusted net profit of $350K +. The spacious and modern kitchen is equipped with high-quality equipment, offering a menu that is 40% pizza and 60% a-la-carte dishes. The restaurant boasts excellent reviews, an amazing social media presence. Trading short hours and operating under semi-management, it offers a seamless transition for new owners.

Key Business Features:
• Established and profitable restaurant since 2017
• Prime location in a high-foot-traffic area
• Conveniently located near public parking
• Spacious, modern kitchen with high-quality equipment
• Menu: 40% pizza, 60% a-la-carte dishesrwe
• Excellent customer reviews and strong brand reputation
• Consistent profitability
• Sale includes a recently purchased gelato cart
• Convenient rear access with parking
• Fully licensed

Financial Overview:

Revenue
• FY23 - $1,196,000(Weekly $23,000)
• FY24-$1,140,096

Adjusted Net Profit
• FY23 - $438,500 (Weekly $7,404)
• FY24-$394,642

Assets Included in Sale: $122,650+ (includes both tangible and intangible assets).

Lease Details:

Lease Term: 5 x 5 x 5 years, with expiry in October 2032.

Annual Rent: $75,273plus GST and outgoings.

Growth Opportunities:
• Extend operating hours beyond the current 20.5 hours weekly
• Expand seating capacity
• Increase events and functions
• Leverage the commercial kitchen for catering services
• Amplify local marketing efforts

Please note: Due to Vendor confidentiality, Photos featured in this ad are for representation only and not of the actual business.

Listing ID: NSW11512

Broker:Theo Pettaras
Phone: XXXXXXXXXX 2
Email: XXXXXXXXXX

To find out more, press the "Enquire Now" button to complete an online confidentiality agreement.

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Ref:NSW11512

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Ref: NSW11512
Timestamp: XXXXXXXXXX 3003