Profitable Pizzeria in Prime Location - $350K + Annual Profit
Established in 2017, this highly profitable pizzeria Italian pizzeria restaurant boasts a prime location in a bustling southwestern suburb, generating $1.1M+ in annual revenue with an adjusted net profit of $350K +. 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, an amazing social media presence. Trading short hours and operating under semi-management, it offers a seamless transition for new owners.
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 beyond the current 20.5 hours weekly
Expand seating capacity
Increase events and functions
Leverage the commercial kitchen for catering services
Amplify local marketing efforts
Please note: Due to Vendor confidentiality, Photos featured in this ad are for representation only and not of the actual business.
Listing ID: NSW11512
Broker:Theo Pettaras
Phone: 61 405 102 102
Email:theo.pettaras@linkbusiness.com.au
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
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Ref: NSW11512
Timestamp: 20241204023003
