Pizza - Takeaway - Under Management - F3503

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$298,000

Description

<p>Pizza Takeaway - Under management - This business has a loyal local customer base and consistent day-to-day trade and benefits from a stable trading environment and repeat patronage. Same original owner since August 2017. The strong selling point of this business is that it is run under full management. so two options are available - continue to run the business under its current managed structure or a hands on owner operator can increase the profitability of the business. - 16 seats outside . The selling price is negotiable for serious buyers, please communicate through your sbx broker.</p>

Potential

There is scope to increase turnover through greater owner involvement, extended trading hours, and targeted local marketing, as well as by leveraging the businesses strong online reviews to further build repeat trade, delivery sales, and community engagement.There is potential to capitalise on opening for lunch in a buzzing local area.

Features

Key selling points include low weekly rent relative to turnover, full financials available for review, a business structure currently operating under full management, and strong online presence supported by consistently positive Google reviews.

Premises

The business operates from a well-presented ground-level hospitality tenancy featuring a customer dining area, service counter, commercial kitchen, and supporting food preparation and storage areas.

Location

This business is located next to a newly renovated busy cafe within a well-established waterfront residential and retail precinct in Southern Sydney, benefiting from strong local patronage and repeat trade.

Trading Hours

6 days - Monday closed - Sunday, Tuesday, to Thursday: 5 pm to 9 pm. Friday & Saturday: 5 pm to 9.30 pm .

Lease

Lease to 30.4.2028 + 2 x 4yr options. Demolition clause in 1st option. 3 month bond, 3% annual increases.

Employees

Staff - One full time Manager + casuals

Comments

<p>The business name is not included as part of the sale of the business. All equipment in the shop is included in the sale of the business. - No cool room - has both upright and under bench fridges - The pizza oven is a 2 double stack 38 inch Lincoln gas conveyor.- Please do not approach the staff to discuss the business, simply contact your SBX Broker for full information.</p>

SBX ID

F3503

Figures
  • Takings: $18043/week (GST)
  • Cost of Goods: $4871
  • Gross Profit: $13172
  • Rent: $675
  • Wages: $3770
  • Telephone: $40
  • Insurance: $89
  • Electricity: $138
  • Gas: $140
  • Misc 1: $1907
  • Misc2: $1200
  • Total Expenses: $7959
  • Nett Profit: $5213
  • Estimated Stock (Additional): $5000
  • All other values ex GST
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