*SOLD* Old-Established Pizza shop in Western Suburbs

VIC
Food and Hospitality
$159,000.00
#23682
Short Description

*SOLD* Pizza Business, 47years, 5-days trade, Taking $10,000 p/w NO DELIVERY, ($13-$14k with delivery)

Video
Description

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- An old-established and highly reputable Pizza Business

- in a Western Suburb, within 12km of Melbourne CBD

- located in a shopping strip surrounded by few other businesses

- with minimal Pizza competition in the area

- Owned by the same family for the whole 47 years business life (owner looking for a change after many years of running the business)

- Long Lease to be secured for the new owner, with reasonable rent of $700 p/week

- Fully Licensed business with ability to serve alcohol drinks till mid-night

- Trading 5-days a week currently

- Taking of $10,000 p/week through 70-80% take-away and 20-30% dine-in

- The business has never offered any type of deliveries, neither shop delivery, nor UberEats/MenuLog/DoorDaash etc! This brings an enormous opportunity for the new owner to offer different delivery options to the customers / locals and increase the sales by minimum of 30-40% (this % is the statistical delivery average sales among majority of pizza businesses in VIC)

-> TAKING AFTER ADDING DELIVERY SYSTEMS: $13,000 - $14,000 P/W (est.)

Plus many other potentials, such as:
- marketing (owner has never done any flyer distributions, Google Ad, Social Media etc.)
- Shop face-lift, some minor renovation will improve income-performance
- Menu improvement, adding new attractive items to the menu, increasing prices
- Extending the trade from current 5-days to 6 or 7 days a week, or longer hours each day
- and many more

Asking Price: $159,000



For more information on this opportunity, please contact Expert Business Brokers.

(Please note, the photos in this Ad are not necessarily the business photos, and are used for illustration purposes only)