Italian Restaurant And Takeaway Taking A Huge $19,000 P/w! (our Ref: V2073)

V2073 . , Montrose, Victoria 3765

$329,000

Key Features

AI generated. Contact seller to confirm.

  • Huge weekly turnover approx $19,000
  • Only open six nights; expansion potential
  • Rent includes upstairs live-in apartment
  • Secure 5+5 lease, commenced August 2024
  • Authentic woodfire pizza, no local competition
  • Loyal customer base and strong reviews (4.6)
  • Turnover: $19,000 p/w
  • Net Profit: Not disclosed
  • Rent/Lease: Rent $1044 p/w (includes upstairs apartment); Lease 5+5, commenced August 2024
  • Stock Value: Not disclosed
  • Established: Over a decade

Business Details

Business Category Restaurant

- Popular Italian restaurant and takeaway in the heart of the eastern suburbs for sale!
- Huge weekly turnover of approx. $19,000 with continued growth.
- Only open 6 nights, 5.30 - 9pm, closed Tuesday's - excellent potential to expand hours.
- Very reasonable rent of $1044 p/w including upstairs apartment, ideal for live in owner.
- Secure and long lease of 5+5 in place, commenced August 2024.
- Seating capacity up to 50 people, with a liquor license until 11pm.
- Authentic home made Italian menu with no competition for woodfire pizza in the area
- Very well established business trading over a decade with very loyal customer base.
- Great reviews, with a 4.6 rating and a established social media presence.
- Impeccable location and landscape, nestled at the foot of the Dandenong Ranges.
- Available on Uber Eats with no immediate competition and very little throughout the area.
- Full commercial kitchen with woodfire pizza oven and seating for 60+ inside and out.
- Call us now for more details...

**Exclusive to Paramount Business Brokers (Our Ref V2073)
**Some Images Used for Illustration Purposes Only

"The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business."

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Bsale ID: 674638

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