Restaurant - Pizza - Takeaway - Under Management - PM1052

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$119,000

Description

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.

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.

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

Premises

This business has an area of 110 sq. mts. with a fantastic fit out and equipment costing above $200k

Location

Village atmosphere location in an Inner West neighbourhood

Trading Hours

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

Lease

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

Employees

1 full timer + 5 casuals

Comments

Misc.- 1 - Pest control, rubbish

SBX ID

PM1052

Figures
  • Takings: $9500/week (GST)
  • Cost of Goods: $2500
  • Gross Profit: $7000
  • Rent: $1350
  • Wages: $3000
  • Outgoings: $150
  • Telephone: $25
  • Insurance: $80
  • Electricity: $230
  • Gas: $75
  • Misc 1: $150
  • Total Expenses: $5060
  • Nett Profit: $1940
  • Equipment (Included): $120000
  • Estimated Stock (Additional): $4000
  • All other values ex GST
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