HIGHLIGHTS
- 2022 Winner Of Outstanding Fast Food/Takeaway at the Local Business Awards
- Mobile pizza truck and catering business easily accommodates large corporate parties and functions
- 2 stores located in the Nepean area - a local institution
- Highly flexible vendor terms
DETAILS
Asking Price: $2,750,000
Profit: $1,390,000
A great opportunity to own a long-standing, locally renown pizza institution in the Nepean area!
Reason for sale: Owners are looking to retire but willing to stay on to assist in transition
2 x brick and mortar storefronts & 1 x mobile catering business
- Approximate Revenue Split
- Store 1: 23.5%
- Completely under management
- Only renovated a few years ago
- Vendors have spent over $100,000 on the fit out
- Store 2: 36.5%
- Mobile Catering Business: 40%
- Semi-under management
- Expenses are very low for this component of the business
- Award-Winning Business
- 2022 Winner Of Outstanding Fast Food/Takeaway at the Local Business Awards
- Very Workable Vendor Terms:
- Willing to stay on for 6-12 months (subject to negotiation) to ensure a smooth transition and revenue milestones are met
- Open to structured earn-outs
- Open to vendor finance
- Highly reputable and profitable catering business:
- Services small to very large functions
- Birthdays
- Christmas parties
- Corporate functions (Example - In Nov 2022, provided catering services for KIIS1065 - Kyle and Jackie Show Corporate Event)
- Residential gatherings
- Function centers
- All other private functions (E.g. sporting events)
- Mobile catering offers more than just all-you-can-eat pizza. Due to demand, the offering now includes grazing and dessert tables to further complement functions/events.
- A sophisticated website and online ordering system are in place
- Launched in May 2022 - owners invested a plethora of time and financial resources into launching a sophisticated online ordering system
