This is superb buying for this beautiful Pizza & Pasta restaurant that serves wine! PLUS there is some Vendor Funding available for the right buyer!!
Located in a fantastic spot with a massive catchment area of hungry diners, this restaurant trades superbly well. Around 80% of food sales are pizza and pasta and there is real opportunity to boost the takeaway part of the business still further. The owner does zero marketing!
This restaurant has a fantastic wood fired oven PLUS a takeaway window just off the kitchen that is SO useful when the restaurant is humming.
This is simple stuff but done superbly well! The business is open relatively short hours; 6 nights and 2 lunches per week. There is scope, of course, to extend these hours but this is how the current owner likes to balance his life.
The longstanding head chef lives upstairs and the pizza chef lives across the road and will very much want to stay with the business.
This is a beautifully presented business. It’s smart without being too smart. It’s casual but with an air of class with a huge selection of wine for diners. There is seating for 42 inside and 6 tables outside seat a further 18.
BUSINESS HIGHLIGHTS
- Sales are just under $19,000 per week (inc GST)
- A working owner will make a surplus of around $182,000 on current trading.
- Strong lease in place
- Food and Wage costs are well controlled
- Premium location in a premium suburb
- Relatively short trading hours
- Genuine growth potential
WHO WOULD THIS SUIT?
You will probably be someone with excellent customer service skills and some strong business experience. It is not essential that you have hospitality experience but that would certainly be an asset. There is a strong team in the kitchen and capable FOH staff. A husband-and-wife team would do exceptionally well here.
If you are someone (or a couple) who have dreamt of owning the ‘perfect’ little neighbourhood restaurant where you can build strong relationships with your customers and grow the business nicely … this is it!!
There is real opportunity to grow the takeaway side of the business.
PRICE
This is crazy good money for this type of business. This is UNDER 2x the profit!! Everything here is neat and tidy and no fishhooks in the lease. This is good buying! Don;t forget – the owner may well lend you some money so this HAS to be at the top of your options list!
Asking $320,000
Max Wensauer, 021 256 6269, max.wensauer@linkbusiness.co.nz
Nick Giles, 021 676 832, nick.giles@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
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