Independent Pizza restaurant Business for sale in Sydney Asking price $395,000 + SAV
It’s fantastic opportunity to acquire independent Pizza business in South suburb of Sydney.
Currently under management.
Monthly over $$86,000 revenue, that too only evening hours 4 days and 8 hours on 3 days fully under management.
Total rent is $6500/month +GST.
Open 7 days a week from 4.30PM till 10 PM,4 days and 12Noon till 10 PM for 3 days potential to extend hours, this is in one of the busy and affluent area of Sydney surrounded by big apartments and office.
Fully Licensed.
No ongoing franchise fees to pay.
80% of the sale is take way and delivery Including Uber, Door dash and Menulog.
All Staffs are well trained.
Over $1million annual sales.
Full training provided by Owner and staff to eligible candidates and easy transition. Great opportunity for owner operator or under management asking price is $395,000 plus SAV.
Gross Profit= $58,480.00
Expenses = $40,468/month.
Net income before tax= $18,011/Month under management. (If owner operated it is over $25,000/month before taxes).
Annual income may over $300,000/year before taxes for owner operator.
Cost to acquire:
Business: $395,000
3months rent in advance: $45,000
Any other associated fees.
Note: All genuine sales records are in place. Can be supplied to serious party after exchange and during Due diligence.
Potential: Increase operating hours. Start Lunch, Huge demand for Lunch, Working owner may increase the sale.
The Purchaser to make his/her own investigations and inquiries in relation to the business and not to rely upon warranty or statement made by the vendor or by anyone on his/her behalf.
