Italian Restaurant - Beaumaris Jm1499

Business For Sale Beaumaris, Victoria 3193

Business Category Restaurant Takeaway Food

$275,000

Description

Italian Restaurant - Beaumaris Jm1499

Summary:

Newly established pizza/pasta restaurant with a brand new $65,000.00 pizza oven which can turn over up to 60 pizzas per hour.

Only 6 months old and with average takings of $10,500.00 per week!

Huge potential to grow – Currently only opened for 5 days per week and dinner only!

This popular restaurant is a newly established business, In a busy area of Beaumaris well known within the local community and the go to place for the best Italian in Beaumaris.

About the Business:

- Great busy location

- $65,000.00 new Pizza oven with the option to use gas and wood which is still under warranty.

- Taking on average since July 2024 $10,000.00 p/w

- Low rent with high profit margins

- 10 years long lease

- Selling price $275,000

- 35 seating capacity inside with potential to add more outdoor seating with an unused courtyard.

- Open 5 days only (dinner only) – Huge potential to grow.

- The business has only been trading since July 2024 so most equipment is all still under warranty.

- High profit margins of 50% on takings – All product sauced and imported from Itaily.

- Owners happy to say to ensure a smooth handover.

- Liquor licence including footpath permits – all the hard work has been done.

- No experience is necessary as all training will be supplied.

- Low overheads as only a total of 4 people needed at busy times – this is due to the New pizza oven which only requires 1 staff member to run it at the peak times.

Property Code: 468
Contact Seller

Bsale ID: 654570
Broker REF: vicbrokers_49_314

VIC Brokers
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