Pizza Shop in Elsternwick, Low Rent $630! 6-days with short hours

Elsternwick VIC
Asking Price $110,000
About

Established over 17 years, with great reputation and strong customer base and online reviews

Located in the prestigious suburb of Elsternwick (close to CBD)

Trading 5 hours a night only over 6 weekly nights (Mondays Closed)

A well-set-up business with Commercial Kitchen, featuring all required equipment and appliances inc. walk-in coolroom.

Considerably low Rent for such business size and location! Weekly rent of $630 only, plus a long lease in place.

With minimal overheads, leaving the vendor reasonable profit.

Plus a lot of potentials of growth for a fresh-energetic owner-operator, such as:
- Refreshing and improving the menu, by offering new/different pizzas, pastas etc, by adjusting the prices to increase the margin
- Improvement in both product and customer-service quality
- Minor Shop face-lift (this can attract more clientele to the shop for both dine-in or takeaway)    
- Applying for Liquor License, which will easily grow the sales and profitability.
- Extending the days and hours to Mondays also, or earlier start each day
- Strategic marketing. Currently there is little to none amount of marketing conducted by the current owner. Methods such as Google Ads, Social Media presence, local flyer distributions and more.


A unique and compelling investment opportunity for both starters or experienced buyers who are looking for an established brand with huge room to grow and improvements.

Reason of the Sale:
Owner is planning to retire from hospitality after long years, and move to a different industry

Asking price: $145,000



For further details on this exceptional opportunity, please reach out to Toorang Hosseini at Expert Business Brokers:
Mobile: xxxxx
Email: xxxxx

Ref Num: eagle_1371909
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