Managed Italian Restaurant Pizzeria Priced To Sell

Business For Sale Gold Coast QLD Region, Queensland

Business Category Restaurant

$199,000 + SAV

Description

Managed Italian Restaurant Pizzeria Priced To Sell

This business is thriving, but the current owners are motivated to sell so they are starting a new business venture. If you are an experienced operator
who is ready to buy, the vendors will put together an attractive deal for you to move in quickly, with addition training available.

An Established business Located on the ground floor of a high rise building within 500m of an Iconic Gold Coast beach front.
With plenty of seating, it caters to a diverse clientele, primarily consisting of a supportive local community. The business is celebrated for its authentic Italian cuisine and the convenience to nearby residential and holiday accommodation. While currently operating with an Italian-themed menu, the business can seamlessly adapt to other cuisines with minimal adjustments to the existing setup.

$1M annual Revenue
Affordable Long-Term Lease
Plenty of Seating Capacity
Currently Operational 5 Days
Offering Takeaway & Catering

This business benefits from a long-term lease with affordable rent. The floor plan includes high end fit out with multiple areas including Alfresco that can be opened as needed or cordoned off for functions. The sale price encompasses all essential equipment and machinery, including cooktops, ovens, a pizza oven, display units, and refrigeration appliances. Furthermore, Off site Catering, digital assets, marketing materials, recipes, and social media accounts are also included in the package.

A strong weekly revenue is generated from short opening hours on only 5 days per week. An incoming owner could increase revenue by extending trading hours, opening additional days and adding third party food delivery services.

The business is run under management by a well-trained team that effectively manage all operations of the business. An incoming owner can choose to continue to run the business under management or work in the business to maximise their income. For the right buyer, the current owners will provide additional entry assistance.

Asking Price $199k + sav
Contact Seller
Alan Minshull

Bsale ID: 643270
Broker REF: Insight230

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