The exceptional value of owning an established pizza shop and freehold property in a prime Baywater location. It emphasizes the success and stability of the business, making it an enticing investment opportunity.
This thriving pizza shop boasts impressive figures, with a consistent weekly turnover. Open seven days a week with short trading hours, it offers low rent and rates, all equipment in excellent condition, and a long-term low-rent option. Easy to operate and manage, it presents growth potential and includes ample parking. The owner, with 17 years of experience, provides full training to the right operator. A two-week trial for income proof is available, and the vendor is open to reasonable offers. With an annual turnover of $600,000 and a 40% profit margin, the price for this lucrative business is $198,000, negotiable. Inspection is highly recommended as this opportunity is sure to impress.
Key Features:
Turnover ranging from $11,000 to $12,000
Low rent & rates
All equipment in good condition
Ample Parking in Convenient Sport
Same owner for 17 years
Vendor considers reasonable offers
Annual Turnover: $600,000
35% profit from annual turnover
The asking price for business is $198,000
( Option to purchase the freehold for $780,000 )
This investment property is an excellent opportunity, boasting a high-quality location and strong potential for returns. With steady rental income and promising appreciation, it's a prime choice for investors seeking long-term stability and growth.
Property Investment: Key Details and Feature
193 SQM LAND
80 SQM Building
Section 32 available
Current rent $45,000 per annum
Loan can be arranged for the right buyer
The asking price for land and building is $850,000 negotiable
Don't miss outmake your move now! Invest in success and secure your slice of the thriving pizza industry today!!