Pizzeria With Liquor Licence For Sale In Eastern Suburb

Pizzeria with Liquor License for sale in Eastern Suburb of Sydney - 1SELL Listing Number: 1AU0190

Asking Price $699,000

About the Business:

Great opportunity to acquire this takeaway and dine in Pizzeria with Liquor License.
Prime location along with other small shops, cafes, and restaurants.
Currently operated fully under management.
Monthly revenue over $146,000 approx.
Long lease available till 2028 with option to renew available.
Hours of Operation: 7 days: Sun-Thurs-12-9pm, Fri & Sat-12-9:30pm
Over $1.76 million in annual sales.
Full training provided and easy transition.
All the kitchen equipment are in good condition.
Fridges, Freezers, POS system and monitors for menu are in place.
Toilets and separate storage room on premises.
All the delivery services (Uber, Menulog, Door dash) are in place.
Great opportunity for owner-operator or under management asking price is $699,000.
Earnings:

Sales = $146,000/month or more approximately
Net income before tax (under management) = approx. $19,600/month. Over $235,000/per year before taxes approximately (under management).
Cost to acquire:

Business: $699,000
License and other associated fees
Rental Bond
Stock At Value.
Legal fees for buying the business and lease transfer cost.

Note: All genuine records are in place. It can be supplied to serious prospective buyers after a site visit and personal interview.

Disclaimer: Listing photos are for illustration purposes only and are not actual images of the business on sale. THE PURCHASER IS TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTIES OR STATEMENTS MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF.