UMU Pizza. Best Pizza in Town?

Price

$325,000 + Stock

Profit *

$180,000

Sales Revenue

$611,491

Location

Auckland Region, Auckland City

Category

Food/Hospitality, Restaurant

Listing #

EL02779

Auckland City Restaurant Business for Sale
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Auckland City Restaurant Business for Sale
Auckland City Restaurant Business for Sale
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About this business for sale in Auckland Region, Auckland City

At the heart of the Umu Pizza business is a delicious sourdough pizza with carefully curated toppings, cooked to perfection in the Italian-made pizza oven at the restaurant in buzzy Kingsland. With a product this good, the business does not need to be complicated. And that's why it's not; the menu consists of six pizzas, six cocktails, a few beers on tap and six wines. This really is a simple concept which is easy to operate.

This is a formulaic and straightforward business, set up by the owner who had no previous hospitality experience.

Included in the sale is the genuine Italian pizza oven, all intellectual property including the pizza recipe which uses a 200+ year-old sourdough starter and all the restaurant and bar equipment.

Who are are you? The buyer… previous hospitality experience is not essential. Still, you will have the drive to improve the operations to build on the current business model and take it to the next level. Not to mention a LOVE for Pizza!

There is also an opportunity to live and work in the business with a two-bedroom apartment upstairs included in the lease. 

Business Highlights 

  • Current Average Weekly Sales – $14,365 (inc. GST)
  • Cost of Goods – 25%
  • Wages – 23%
  • Forecasted surplus of $180,000+ to one full time working owner
  • Long & secure lease through til 2031 (including rights of renewal)
  • 5 minute walk to Eden Park

Asking Price – $325,000 plus stock

 

Call me today to have a confidential discussion – 
Jeff Wiley,  021 555 384, [email protected]

 

***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.

 

Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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