AIR Mutual Advisors is proud to offer for sale, for the first time in 48 years, the Iconic blue chip Melbourne business PAPA GINO's. Located in the heart of highly sought after precinct of Lygon Street, Carlton!
SALE PRICE: POA
This rare & exclusive opportunity will not last long! This is an investment of a lifetime!
CASH FLOW:
Bringing in a total gross of over $50,000.00 per week! It is not often a highly profitable business becomes available for sale like this!
TECHNOLOGY:
Papa Ginos also uses delivery platforms such as Uber Eats. Providing fresh & hot pizza and sides to it's happy customers at the convenience of their home.
THE RESTAURANT:
The owner's have created a simple and streamlined system to operate all stores seamlessly reducing workloads and increasing profits. The restaurant is meticulously executed, systematically designed to be a simple operation.
If you are looking for a turnkey system business with great returns and the opportunity to run a business your own way then look no further!
In addition comes all inclusive in the sale:
- All equipment, fixtures and fittings
- Full financial reports
- Full training & a seamless handover process from the vendor.
- A transparent owner & sale. Buy with confidence!
- Low rent and a long lease term.
Bustling street traffic location generating steady daily (local) trade with seasonal peaks and visitors in the iconic Carlton precinct.
STAFF:
All staff have been with Papa Gino's for a significant period of time. The staff are passionate, dependable and build good rapport with customers. Papa Gino's has great customer reviews and social media presence!
Questions regarding COVID-19: The owner has been preparing the business for sale for the last 12 months. The sale was postponed during the lockdown period due to significant growth and sales. Even during the pandemic and period of uncertainty, the business has continued to flourish and demand has increased leading to higher sales and returns.
The business is being sold as the owner's have committed to retiring in 2022, after 44 years in the industry.
PRICING & TRIAL:
The owner is happy to offer the new buyer a trial period during due diligence.
This business will suit a smart investor and/or owner-operator ready for the opportunities that present from trading within this successful Melbourne location and immaculate establishment.
This opportunity offers a great balance of lifestyle & work!
Contact Damien on 0414405929 to find out more information and to arrange a time to meet the owner and inspect the business.
We look forward to hearing from you!
