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Restaurants for Sale in Ivanhoe, VIC

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Restaurant
IVANHOE, VIC
New
$530,000
This award-winning Italian restaurant has been a much-loved local favourite for over 16 years, renowned for its authentic pizza and pasta offerings. With a strong reputation and a loyal, repeat clientele, the business enjoys consistent demand and a solid, profitable operation. The restaurant stands out with its homemade pasta and award winning pizza sales, averaging around 800 pizzas per week, a testament to its popularity in the community. Well-established systems and procedures are in place, allowing the business to be successfully operated under full management, making it an attractive opportunity for both owner-operators and investors alike.- Revenue $1,199,623 PA- Profit $433,735 PA- Rent $1,442 PW+GST- ROI 58% - Earning Type PEBITDAThis is a rare opportunity to step into a well-established, highly profitable business with a proven track record. Whether youre an investor or a hands-on operator, this popular restaurant is ready to continue its success under new ownership. Opportunities like this don't last long.Award winning Pizza & PastaServing 800 pizzas per weekBrand new lease until 2040 (5x5x5)Restaurant liquor licence in placeSeats 90 peopleOpen 6 nights onlyStrong, loyal customer baseSolid, consistent profitabilityThere are also additional revenue opportunities available for an incoming ownerFOR SALE: $530,000Contact the exclusive broker:Damian SlijanoskiBenchmark Business Sales & ValuationsM: 0478 882 069T: 1300 366 521If youd like to know more about this business, go to our website www.benchmarkbusiness.com.au and use the reference: bus6167 to search for the business.Please ensure you have the necessary capital before expressing an interest in this business.The image shown is for illustration purposes only and may not be an exact representation of the business.Benchmark Business Sales and Valuations