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Listing Id: 33900 Last Refreshed: 06/12/2024 Total Views: 9 Broker Ref: 22408

Priced to Sell Legend Pizza Byron Bay Established Independent Pizza Restaurant with Short Hours

New South WalesTake Aways
Asking Price: $199,000
Business For Takeover
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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

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Description

Legend Pizza Byron Bay Established over 32 years ago is easy to run generating good weekly cashflow and generous gross margins. It's been around for a long time, so it's well known to locals and the repeat tourist trade.
Located in an economical shopfront in the centre of town the business relies on a takeaway and delivery service which requires minimal front of House wait service. Staff are predominantly juniors who assist a well-trained and capable head chef. The current owner also works in the Business on a part time basis, but an incoming owner could choose to run under management if desirable.

* Good Weekly Cashflow
* Long Term Lease
* High Gross Margins

Equipment is in good condition and included in the sale price. There is plenty of capacity to increase pizza production without adding new Equipment, space or making significant changes to staffing levels. Hours could also be increased beyond the current dinner time menu which would be allowed under the long-term lease.
Online ordering is setup and integrated with accounting software for easy operation. Whilst effective both could be improved with some attention to detail. The current owner relies predominantly on word-of-Mouth advertising so an incoming owner with some marketing savvy could work generate additional revenue via social channels and better Use of the advertising budget.
Asking Price $199k + sav
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