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Takeaway Food business for sale in Marrickville

  • Takeaway Food
  • Marrickville NSW 2204
  • P.O.A

Well established Italian Pizza Restaurant With Huge Growth Potential

Our client is a well established and beloved pizza restaurant situated in the heart of Marrickville. Established in 2011, it is a popular restaurant with the locals and is ideally positioned.

Revenue
$773,500 pa

Rent
$47,273 pa

Expenses
$696,000 pa

Net Profit
$77,032 pa

Location Details
It is perfectly located close to the Metro shopping centre, industrial area, Enmore Park and recreational centres and facilities.

Potential
The business has huge untapped potential with a possibility of expanding the menu and opening times to include breakfast and lunch and to also offer coffee. It has a successful online presence and online delivery system thanks to heavy investment in their website. The business currently does a lot of sales through menulog and uber eats and these orders can be incentivised to run directly through the company website.

It also has the capacity to broker orders through its other franchise.

Skills
Passion for food
Management skills
Food Preparation
Customer service
Book keeping

Hours
Sun to Thur: 5pm to 10pm
Fri to Sat: 5pm to 10:30pm

Lease
Current 5 year lease ends in 2022 with 2 x 5 year options to extend

Employees
1 full time, 5 casuals

Reason for Sale
The owner wishes to pursue other business endeavours.

About the Business
For sale is a highly regarded pizza restaurant with a successful online and delivery presence. The business offers a delicious range of pizzas, pastas, calzones, dessert and more for dinner.

The business for sale has a strong brand and loyal local following. It is positioned in a high traffic area.

The business is currently automated and can be run with the current systems in place. Higher profit potential for owner-operator ($52,000 to $55,000 p.a immediate saving)

Key features:
- turnover of $15,000+ per week (with very limited trading hours)
- current 5 year lease ends in 2022 with 2 x 5 year options to extend ($1000pw)
- huge potential to increase menu options with breakfast, lunch and coffee

The restaurant sits on a prime corner spot with a nearby shopping centre, commercial strip, recreational parks and facilities as well as local nightspot attractions nearby.

History
Refer to broker

Please contact Hassan Al-Zahab on 0406 268 963 for more ino

Business Highlights

Business ID2016462099
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Category
Last updated  27 Aug 2020
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