For Sale Price: $270,000

Profile

Description:

This is a fabulous family-owned favourite with locals, operating since 2012 but owned by the current owner since 2018. Trades as an authentic Pizza takeaway business. The owner has exerted enormous passion and energy to create an extremely popular hospitality venue in a quiet suburb, ideal for a family diner who loves a quality Pizza or Pasta.

Weekly sales $15,000 and nets an ave profit of $3,500 per week to the owner/operator. Very profitable business for a passionate buyer- tax returns available to verify the profits.
Operating hours only 4 hours a day, Mon – Sun from 5 pm to 9 pm. Huge opportunity to expand the opening hours to include lunches and also to cater for corporate functions.
Conveniently located in a quiet suburban street with a small shopping strip amongst a few other retailers with plenty of parking available
Excellent systems in place ready for a smooth transition to a new owner.
Low rent – an excellent and secure lease is in place and rent of only 8 % of sales!!
The owner offers a suitable handover period to ensure a smooth transition.
The business uses its own website as well as its own App for customers to order and they do NOT rely on or make use of costly 3^rd party Apps such as Uber or Menulog.

Financials

For Sale Price: $270,000

Long financials: 3 Years

Turnover: $15,000

Net Profit: $3,500

Period: Weekly

Rent: $841

Lease: Expires August 2027

Staff: Owner plus casuals

Stock: $3,000

Broker

Broker:

Roy Levy 0416 124 860

To express interest in this business, please complete this Register Interest form and we will contact you.

Confidentiality Agreement

For a detailed business profile complete this Confidentiality Agreement:

Provider of Confidential Information:

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Pear Business Brokers Pty Ltd ABN 28 084 390 125 t/as Core Business Brokers
in its capacity as agent of its named or unnamed principal
Level 13, 465 Victoria Avenue, Chatswood NSW 2067
Phone (02) 9413 2977 Fax (02) 9413 3818 Email: [email protected]

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Recipient will use the Confidential Information only for the purpose of analysing such information so as to make an informed decision as to a proposed purchase of part of the assets of a business, the whole business or the sale of shares in the business/es referred to above or any new businesses introduced to you in future.

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1. When must we disclose the information to you?
1.1 We must make that part of the confidential information available to you that we consider in our sole discretion to be necessary for you to carry out the project.
1.2 The confidential information always remains our property. This agreement does not give you any right, title or interest in it. We make no warranty as to the accuracy, content, legality or completeness of the confidential information.

2. How must you treat it?
2.1 You must use the confidential information only for the permitted purpose. You must not use or exploit it for your own benefit or for any other purpose, or allow any other person to do so without our written consent.
2.2 You must not disclose it, and must ensure that your employees, contractors and agents do not disclose it to any other person except as required to carry out the project and then only on a confidential basis. You will, on our request, arrange for such persons to execute confidentiality undertakings in our favour that they are bound by this agreement as if a party to it.
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2.4 You must inform us immediately if:
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2.5 At the end of the project or if we ask for it earlier, you must return the confidential information, and all copies, notes and memorandums relating to it, to us as we direct.
2.6 You do not have to treat as confidential information
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3. You indemnify us against all loss, damage, expense and costs arising because you do not observe the conditions of this agreement for any reason.

4. Duration
4. Your obligations under this agreement continue after the project ends.

5. General
5.1 We do not enter into this agreement in our personal capacity but only in our capacity as agent of our named or unnamed principal.
5.2 This agreement contains the entire agreement between you and us and takes the place of all other statements about the confidential information.
5.3 This agreement may be varied only if you and we agree in writing.
5.4I f we do not exercise a right at any time in connection with a default under this agreement, this does not mean that we have waived the right or cannot exercise it later.
5.5 This agreement is governed by the laws of New South Wales. You and we submit to the non-exclusive jurisdiction of its courts and courts of appeal from them.
5.6 By signing this agreement you permit us to add your details to our database and authorise us to communicate with you from time to time regarding new business opportunities.

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Broker:

Roy Levy 0416 124 860

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Pizza Takeaway and Delivery - North Shore