Smokin’ Hot Opportunity - Busy Italian Mornington Peninsula Restaurant ...

Business For Sale Rosebud, Victoria 3939

Business Category Franchise Business Opportunities Restaurant Takeaway Food

$390,000.00

Description

Smokin’ Hot Opportunity - Busy Italian Mornington Peninsula Restaurant ...

If you have been looking to smoke out a great food business that combines low rent and outgoings with high turnover and potential for even bigger growth then this could be the one for you. Offered for sale for the first time this popular Rosebud restaurant is a ‘smokin’ hot’ opportunity not to be missed.

The 200 square metre fully-equipped pizza grill restaurant is situated in an ideal position at the corner of a major Mornington Peninsula shopping centre, facing the beach with unlimited parking and main road exposure. Takings are in excess of $1,000,000 per annum with takeaway sales performing consistently during COVID-19 despite being open for dinner only during this period. Summer sales last year averaged $45,000 per week.

The business really is a ‘smokin’ gun’ with strong evidence of its future potential for growth. Opening hours are set to expand post-lockdown to include breakfast and lunch as well as dinner and a liquor licence for dine-in and delivery is pending, which has the potential of boosting sales revenue by 30%.

Seating is currently available for 50 inside and 30 outside under a covered dining area with the potential for increased numbers once COVID-19 restrictions are lifted. Menulog, Doordash and Deliveroo are currently being used with the possibility of adding other providers in the future.

The premises have a near-new feel and include a fully-equipped stainless steel kitchen, high capacity pizza oven and huge cool room and freezer. Male, female and unisex toilets are available and a security alarm system is provided by the shopping centre as well as an extensive dry store facility.

The business is run under a licensing agreement which differs from a traditional franchise as there are no franchise fees, monthly payments, royalties or marketing fees and the owner is only obliged to purchase dry goods, bacon, flour and cheese etc. which are all at very competitive prices. It has a secure 8 year lease with another 8 year option.

This business is ideal as an owner-operated store or under management. Sale terms are negotiable and the owner will arrange training to ensure a smooth transition. The owner would prefer to continue but needs to relocate overseas for family reasons.

So with all this going for it this is a smokin’ hot opportunity not to be missed. Call Alan Maguire now to make a booking to inspect and discuss the business with the owner.

Price: $390,000 negotiable plus SAV
Contact Seller

Bsale ID: 565386
Broker REF: 3344268

Maguires Real Estate
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