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Listing Id: 33806 Last Refreshed: 07/11/2024 Total Views: 9 Broker Ref: 21910

Pizza shop in southern suburb Adelaide with great potential for sale

Adelaide, South AustraliaFood Manufacturers
Asking Price: $69,000
Business For Takeover
Look For Investor
Look For Partner

Overview

  • Premise Type N/A
  • Premise Size N/A
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role N/A
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

NA

Description

Pizza shop in southern suburb Adelaide with great potential for sale

Price: $69,000 +$3,000 Stock

* Turnover in FY2023 reached $295,000 including GST.
* The net profit for a working couple amounted to $90,000 annually, solely from night-time trade.
* There is significant potential to expand operations to include lunchtime trade, which could guarantee an increase in net profit to over $100,000 for a working couple.
* Collaboration with the buyer will lead to the creation of a new menu, further boosting profitability.
* The business boasts a 10-year trading history under the same ownership.
* Conveniently located near a major shopping center in the southern suburb.
* Ample car parking is available for customers.
* The shop area spans 85m2, featuring a commercial kitchen and chain pizza oven, ensuring efficiency and increased pizza production capacity.
* Favourable lease terms and cheap rent contribute to financial viability.
* The customer base includes reliable patrons such as schools and clubs, ensuring stable revenue.
* The business is designed for easy management and is suitable for family operation.
* Online ordering system streamlines operations, while functional English is required for phone orders.
* Owner-operators are welcomed, but the opportunity is not suitable for investors.

If you are interested, please contact agent Yiling Tang now.
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