• Australian Business Sellers and Buyers Register

Smokin Joe’s Pizza & Grill Rosebud

Cafe and Restaurant

Business Description:

STRONG Cash-flow Business Opportunity

- Busy Italian Restaurant for sale with proven annual turnover more than $1M despite of COVID-19 Pandemic
- High traffic corner location in a major shopping centre Opposite to the beach with main road exposure
- Currently taking $25K/Wk with easy profitability of minimum $30K-$40K/Mth trading only 4PM to 10PM.
- Summer sales last year between $45K-$50K/Wk.
- Breakfast/Coffee set-up complete, ready for strong potential growth with Breakfast, Coffee and Lunch trading.
- Liquor License both dine-in & delivery under process that will usually boost the sale between 30% to 40%.
- Modern new fit-out.
- Secure 8+8+8 year lease; Affordable rent and outgoings.
- Low Overheads.
- No Franchise Fees, No Royalties, No Marketing Fees.
- No other hidden fees and charges.
- Seats 50 Inside & 40 Outside.
- Store can be owner operated or easily staff managed.
- Business with similar turnovers sell for at least $700K. BARGAIN asking price only $350,000. Only selling because of overseas family reasons, otherwise will not let go.
- Terms negotiable, training can be arranged if required to ensure smooth transition.
-Partnership proposal can be considered with experienced person willing to operate.
-Vendor finance available.
-Due diligence documents will be supplied.

**NOTE: Please respect each-other's time. Please only contact if genuinely interested. Low ball offer will not be accepted. I am selling my dream and not a business purely due to family reasons.

Business Features:

  • Business Category: Cafe and Restaurant
  • Sale Price: 350000 - 400000
  • Profit: 400,000 - 800,000
  • Business Plan exists?: Yes
  • Marketing Plan/Research?: Yes
  • Property Included?: No
  • Sale Type: Negotiable
  • Years Operating: 2
  • Business Type: Cafe / Takeaway
  • Turn Over: 1,000,000 - 1,500,000
  • Business Development (in place): Yes
  • Budget in place: Yes
  • Financing Available: Yes Part
  • Trial Period: Yes
  • Sale Includes: License along with equipment, fixtures and fittings.

Business Location:

  • Address: Shop55, 37 McCombe St, Rosebud Shopping Plaza, Rosebud, Rosebud, Victoria.

Seller Information

Name: Priyanav (Raj) Walia

Email: val.pree45@gmail.com

Phone: 0452383845

Listing ID: 9786

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