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Fully Managed Italian Pizza Restaurant Near Bayswater Station

Bayswater North VIC, ID 237844

Fully Managed Italian Pizza Restaurant Near Bayswater Station 1
Fully Managed Italian Pizza Restaurant Near Bayswater Station 1
Asking price:
AUD$475 000
Owner
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Description

This well-established Italian pizza restaurant operates primarily as a takeaway and delivery business, with approximately 95% of sales generated through takeaway and delivery and around 5% from dine-in service. The business is fully operated under management, making it suitable for an investor or owner seeking minimal day-to-day involvement.Located near Bayswater, the restaurant benefits from strong foot traffic, proximity to major retail stores within walking distance, and a position directly opposite a train station, providing excellent visibility and customer convenience.The business operates as a pizza and Italian takeaway restaurant offering delivery, takeaway, and limited dine-in services. While the primary focus is off-premise trade, the venue has seating capacity for up to 50 guests and can accommodate functions and group bookings.Key Highlights:Fully managed pizza and Italian restaurantApproximately 95% takeaway and delivery, 5% dine-inHigh-visibility location opposite a train stationClose proximity to major retail stores and amenitiesTrading hours from Tuesday to Sunday, 5:00pm to 11:00pmFully managed operations including stock ordering and day-to-day oversightMinimal owner involvement, limited to administrative tasks such as bill payments and roster preparationTotal staffing of 13 employeesSeating capacity for up to 50 guests suitable for events and functionsAnnual rent of $47,000Long-term lease of 15 years with 9 years remaining plus option to extendOwned since 2019The business is fully run under management and includes comprehensive training for the incoming purchaser to ensure a smooth transition. The current owner is stepping away due to family commitments and a preference to avoid night work.This represents a fully managed Italian pizza restaurant with a strong delivery and takeaway focus, excellent location, and secure long-term lease.

Details

Real Estate: Lease
Employees (ppl): 13
Asking price: 475 000 aud
Rent (per year): 47 000 aud

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