Italian Restaurant - Beaumaris JM1499

$275,000

 

Summary:

Newly established pizza/pasta restaurant with a brand new $65,000.00 pizza oven which can turn over up to 60 pizzas per hour.

Only 6 months old and with average takings of $10,500.00 per week!

Huge potential to grow – Currently only opened for 5 days per week and dinner only!

This popular restaurant is a newly established business, In a busy area of Beaumaris well known within the local community and the go to place for the best Italian in Beaumaris.

 

About the Business:

  • Great busy location
  • $65,000.00 new Pizza oven with the option to use gas and wood which is still under warranty.
  • Taking on average since July 2024 $10,000.00 p/w
  • Low rent with high profit margins
  • 10 years long lease
  • Selling price $275,000
  • 35 seating capacity inside with potential to add more outdoor seating with an unused courtyard.
  • Open 5 days only (dinner only) – Huge potential to grow.
  • The business has only been trading since July 2024 so most equipment is all still under warranty.
  • High profit margins of 50% on takings –  All product sauced and imported from Itaily.
  • Owners happy to say to ensure a smooth handover.
  • Liquor licence including footpath permits – all the hard work has been done.
  • No experience is necessary as all training will be supplied.
  • Low overheads as only a total of 4 people needed at busy times – this is due to the New pizza oven which only requires 1 staff member to run it at the peak times.

 

Details

Suburb Beaumaris
Property Type Business
Category Food/Hospitality, Food/Hospitality

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