This is a $1.7M, high-volume kitchen + dining machine running on a 5-day week (closed Monday, Tuesday).
The "hard" lines are already elite:
COGS 30% (67% gross margin)
Rent + outgoings under 5% of turnover
Fully equipped kitchen (incl. pizza oven)
No capex required.
Fully Trained Team
Owner works ~30 hrs/week in oversight, not on the tools
Lease commenced July 2022, secured to July 2027 + 5-year option to 2032
So why is it priced the way it is?
Because labour is blown out - and that's the opportunity.
If you can't run wage KPIs and control rosters, don't enquire!
Wages are currently ~54% of revenue. Bring that back to a standard 35% benchmark and you unlock $300,000 [Web Link Censored]. in additional profit on the same revenue base (indicative, based on $1.7M turnover).
No "turnaround".
No "growth plan".
No landlord negotiation.
No supplier changes.
Just disciplined rostering, tighter shift allocation, and hands-on wage control to reset the ratio.
This will suit an operator who understands labour leverage and can execute fast.
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