Long-Running Pizza Restaurant, Richmond

Long-Running Pizza Restaurant, Richmond — Hospitality & Tourism · Richmond, Melbourne · Asking $170,000+ · Revenue $936,000

Highly profitable, long-running pizza restaurant in Richmond with a 30-year trading history and loyal customer base. Secure 5+5+5 year lease commencing June 2023 with reasonable rent. Features a liquor licence, full commercial kitchen and 30-seat dining capacity. Suited to dine-in, takeaway and small functions, ideal for an owner-operator or investor.

DealProspect/Listings/Hospitality & Tourism

Long-Running Pizza Restaurant, Richmond

Restaurant

ActiveHospitality & TourismVictoriaB2C

Find funding for this deal →View original listing ↗

Asking price

$170,000+

Disclosed · AUD

Revenue

$936,000

TTM

Earnings (est.)

~$236,059

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~0.7×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Highly profitable, long-running pizza restaurant in Richmond with a 30-year trading history and loyal customer base.
Secure 5+5+5 year lease commencing June 2023 with reasonable rent.
Features a liquor licence, full commercial kitchen and 30-seat dining capacity.
Suited to dine-in, takeaway and small functions, ideal for an owner-operator or investor.

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