Prime Asset Sale: Fully Equipped Turnkey Pizza Location - South West
An excellent chance to acquire a prominent, "blank canvas" hospitality venue in a vibrant residential area of the South West. This is a low-risk asset sale-the current owners retain their intellectual property, providing you with a fully optimised, high-performing operation ready for your brand.
Key Features:
- Turnkey Operation: Fully equipped pizza shop-can commence trading immediately.
- High-Quality Equipment: Includes two conveyor belt ovens, a gas stove, a walk-in cool room, and large kitchen benches.
- Storage space at the back of the building and a shared bathroom.
- Prime Corner Location: Extensive glass frontage offers remarkable visibility to passing vehicles.
- Efficient Layout: Crafted for high-volume takeaway and delivery, with a small dining area.
- Location Benefits: Situated in a densely populated residential area with little competition, wide roads, and ample free parking for convenient delivery and pickup.
Lease & Investment Details:
- Favourable Terms: Existing long-term lease with a landlord open to extension. 3% increase only annually.
- Low Capital Expenditure: No need for lengthy council approvals or costly fit-outs.
- Growth Opportunities: Ideal for a franchisor to develop a new territory or an independent owner to establish a flagship brand.
Lease Details
Term 5 YEARS + 5 YEARS
Commencing Date 31/03/2022
Terminating Date 30/03/2027
Option to Renew YES
Option to Renew Period 5 YEARS
3% annual increase - Landlord willing to extend the lease further.
Opening Hours
Monday-Friday 4-10pm
Saturday & Sunday 12-10pm
Opportunity
Ideal buyer:
This site is ideal for franchisors looking for a low-risk way to enter new territories or for independent operators prepared to expand into high-entry-barrier markets. You are obtaining the infrastructure and location; just add your brand and menu.
This is an asset sale only - do not request financials as we are not selling the business!
**Weekly**
Sales Approx, up to $10,000
Rent $764.91 plus GST
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