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DealProspect/Listings/Hospitality & Tourism

Award-Winning Franchised Pizzeria, Melbourne North-West

Restaurant

ActiveHospitality & TourismVictoriaB2C
Asking price
$699,000
Disclosed · AUD
Revenue
$1,760,000
TTM
Net Profit
$212,160
Implied multiple
3.3×
asking / earnings
Brief
  • Fully managed franchised pizzeria in Melbourne's north-west
  • Trades five days a week from a high-exposure commercial strip, 8 km from the CBD
  • $2 million fit-out over two levels with large commercial kitchen and coolroom
  • Seating for 200 across two levels
  • All equipment owned except a leased coffee machine
  • Experienced team in place with no owner involvement
  • Awards include 'World's Best Pizza' and 'Best Pizzeria in Oceania' three years running