Well-known Italian Pizzeria, with Strong Takings in Ascot Vale! (Our Ref: D2118)

Ascot Vale VIC · Restaurant · Italian Restaurant

Restaurant Food & Drink Italian Restaurant Pizza Restaurant Takeaway Catering

Asking price $99,000

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Not checked by Business For Sale

01 · THE OVERVIEW

About this business

In the broker's words

Full description, as written by the broker

Established Italian restaurant offering authentic modern Neapolitan pizza, pasta and antipasti.
Prime Union Road location surrounded by established residential and commercial precinct.
Stylish fit-out creating an inviting atmosphere for dine-in customers and functions.
Very impressive current weekly takings, presenting an established revenue base.
Weekly rent of approximately $1,600, supporting attractive ongoing business overheads.
Secure lease with terms to extend through to 2041, providing confidence for the incoming purchaser.
Specialises in wood-fired Neapolitan pizzas using traditional preparation and quality ingredients.
Diverse menu complemented by cocktails, Italian wines, beers and aperitivo offerings.
Strong opportunity to further develop private functions, catering and takeaway revenue.
Existing private catering offering provides an additional avenue for business growth.
Operates predominantly evenings, allowing potential expansion through additional trading hours.
Excellent opportunity for an experienced hospitality operator seeking an established turnkey business.

**Exclusive to Paramount Business Brokers (Our Ref: D2118)

"The statements and financial information relating to the subject business are based solely on information supplied by the vendor to Paramount Business Brokers (Paramount) and therefore Paramount does not warrant the accuracy of such statements and financial information and specifically excludes any liability in relation to same. Paramount strongly recommends that any prospective purchaser of the business seeks its own independent legal, accounting and financial advice and conducts its own due diligence of the business."

**Some Images Used for Illustration Purposes Only

03 · LOCATION