Long Established Pizza Pasta Restaurant Business For Sale Pakenham

This long established Italian Restaurant is looking for a new owner to carry on its reputation for homestyle Italian cuisine.

 

This restaurant has been going strong in this location for over 35 years.  It has an excellent location in the heart of Pakenham near the corner of 2 main roads.  Pakenham is a fast growing area with many new housing developments and families moving in to the area.  

 

It has a good size dining room with seating capacity for 50 with further seating for 8 outside.  Good for groups, parties and is family friendly.

 

Turnover of $5,000 per week

Rent of $565 per week

Secure lease of 5x5x5

Trading 6 evenings a week, closed on Mondays and open for lunch on Fridays

Owner works with 1 full time and 2 part time staff. 

Offers dine in and takeaway - pick up and delivery; with online ordering facilities. 

Holds a General License to 11pm and licensed to deliver alcohol. 

Has a large social media following. 

 

This opportunity only exists because the owner wishes to retire after many years in this business. 

 

Makes an excellent family business.  Well worth inspecting.  

 

For more information and to arrange an inspection, contact Chris Panagiotidis or Elle Likopoulos on 9566 7300 or via email at elle@absolutebb.com.au.

Market Conditions & CompetitionN/A

Financial SummaryN/A

Training & SupportN/A

Reason for SellingRetirement

Location City: PakenhamState: Victoria Category Restaurant/Food Service
Retail Store

Weekly RevenueN/A Monthly RevenueN/A Annual Revenue$260,000

Contact PersonChris Panagiotidis Price$Price On Application Year Established1982

Phone0395667300 Cashflow$N/A Employees1 FT Owner 2 PT 1 FT

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