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Food, Beverage & Hospitality business for sale in Bayswater

  • Food, Beverage & Hospitality
  • Bayswater VIC 3153
  • POA

Established Pizza Shop and Freehold Property in Prime Baywater Location

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!!

Business Highlights

Business ID2019170569
Floor AreaAsk Business Broker
Category
Last updated  10 Apr 2024
Map for Bayswater VIC 3153
Map for Bayswater VIC 3153Bayswater VIC 3153

Business Highlights

Business ID2019170569
Floor AreaAsk Business Broker
Category
Last updated  10 Apr 2024
Everest Commercial Property & Business Brokers
Suite 1, 54 Davis Avenue South Yarra VIC 3141

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