Western suburbs pizza bar

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Business Description

  • Current sales $9,000+ per week
  • Prominent location
  • Trading since 1989
  • Rent $630 per week + outgoings
  • New lease available

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $165,000
Stock at valuation (approx) $5,000
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$170,000

Financial Summary

Year
Sales Return to Owner
n/a $355,847 $99,072
n/a $340,369 $92,660
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The return to owner is a net return to two working owners after all expenses and wages but excluding the vendors’ wages.

Staff Summary

Two vendors and eight casual staff.

Lease Summary

Current Rent $2,727 per month + GST
Lease Term 5 years
Lease Commencement 1st July 2009
Lease Expiration 30th July 2014
Right of Renewal Nil
Outgoings $916.99 per month + GST
Adjustments CPI Annually
A new lease of say 5 years + 5 years will be made available to an approved purchaser.

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