Hospitality Business with Lifestyle in Castlemaine

SOLD

Castlemaine VIC 3450

Food/Hospitality

BUSINESS FOR SALE

    • Franchise No
Phone enquiries - please quote property ID 21016

Trading just four evenings per week this husband/wife operation has been established for eight years. In that time it's experienced year on year double-digit growth (still growing); has been reviewed and recommended by The Age good food guide and become a local favourite with a loyal following. Seating just 20 patrons as well as offering take away, this is the towns only woodfired pizza restaurant. Strong supplier relationships, low rent and a new lease option in place, make this the ideal walk-in-walk-out operation. Opportunities for further growth available via additional trading hours and/or menu additions. Priced significantly below annual net profit at $70,000 (negotiable) this is a low risk proposition. If you're seeking a hospitality business with lifestyle balance, this is the one for you.

- Ideal husband and wife or equivalent operation, plus 2-3 casual staff
- Established for eight years, loyal local following
- Trading 16 hours each week, evenings only
- Low rent $16K per annum, 2 x three year additional options available
- Low outgoings approximately $2,500pa
- Growth potential via trading hours, menu, functions and delivery service
- Strong supplier relationships, all licenses/regulation current
- All equipment included
- Website and social media established and regularly engaged
- Walk in, walk out

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