Pizzeria - Italian Restaurant Business Opportunity

PROFITABLE -FULLY SYSTEMISED-UNDER SEMI-MANAGEMENT OPERATION

"Located in a prime southwestern suburb, this business generates strong revenue and excellent profits, featuring an impressive fit-out and top-quality kitchen facilities".

This well-established and profitable pizzeria Italian restaurant has been operating since 2017 and is located in a high-foot-traffic area, just steps away from public parking. 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, amazing social media presence and consistent profitability with a strong brand.

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 (currently trading for 20.5 hours weekly)
• Expand seating capacity
• Increase the number of events and functions hosted
• Utilise the well-equipped commercial kitchen for catering services
• Amplify marketing efforts locally

Please note: All photos featured in this ad are genuine and taken directly from the 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
Ref: NSW11512
Timestamp: XXXXXXXXXX 3006