Restaurant – Pizza – Takeaway – Under Management

For Sale

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Inner West

Business Code: PM1052

$145,000.00
+ Estimated Stock (SAV) $4000
Key Features: Fantastic Google Reviews - Great fit-out - State of the art Pizza Oven - Fully equipped kitchen - Perfect location in wealthy area - Very simple Menu - Easy to operate - Huge growth potential - Limited competitors - Captive evening crowd
State: NSW
Suburb: Drummoyne
Location: Village atmosphere location in an Inner West neighbourhood
Premises: This business has an area of 110 sq. mts. with a fantastic fit out and equipment costing above $200k
Price not disclosed

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Other business interests

Sale Reason

May 2023

Established

Street parking

Parking

1 full timer + 5 casuals

Employees

6 days - Tuesday to Sunday: 5 pm to 10 pm. Closed Monday

Trading Hours

Current lease commenced 25th May 2023 - Expires 24th May 2026 + 3 + 3 year options - $13,600 bond

Lease

Restaurant – takeaway serving pizza and Italian cuisine in an Inner West suburb renowned for its evening crowd. The establishment boasts a customer google customer rating of 4.7 and offers a variety of Italian dishes, with pizzas such as Margherita and Hawaiian alongside other popular items like the Two Pizza Meal and bolognese pasta. The menu also features a range of starters, mains including chicken schnitzel and loaded chicken parmi, desserts like tiramisu and nutella & strawberry pizza. Cold drinks and risotto options further complement the dining experience. -16 seats outside – 4 inside.

Features

Fantastic Google Reviews - Great fit-out - State of the art Pizza Oven - Fully equipped kitchen - Perfect location in wealthy area - Very simple Menu - Easy to operate - Huge growth potential - Limited competitors - Captive evening crowd

Potential

Extend business hours - Develop in house on-line ordering - Focus on delivery sales - Increase presence by embracing Social Media sites - Big profits to be made with an owner operator running the business.

Comments

Misc.- 1 - Pest control, rubbish

Weekly Summary

Figures include GST unless stated otherwise

Weekly Takings
$9500
Cost of Goods
$2500
Gross Profit
$7000
Rent
$1350
Wages
$3000
Telephone
$25
Insurance
$80
Electricity
$230
Misc 1
$150
Total Expenses
$5060
Estimated Stock
(Additional)
$4000
Equipment
(Included)
$120000
Net Profit
$1940
Price
$145,000.00
+ Estimated Stock (SAV) $4000

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