Authentic Pizzeria

East Rand
Price : R 640,000
Listing Type : Pizzeria
Location : East Rand
Ref No. : 2938
Year Established : 2017
No. of employees : 10
Lease Term : May 2025
Turnover : R 207 468 pm
Cost of Sales : R 94 436 pm
Expenses : R 91 770 pm
Net Profit : R 21 261 pm
Asset Value : R 540 000
Stock Value : R 90 000

Authentic, Italian cuisine, lovingly created by an experienced team. Their pizzas are hand rolled, they also have a full al la carte sit down  menu. Authentic thin based hand rolled wood fired pizzas, pastas, steaks, ribs, eisbein, hamburgers and so much more.” Own delivery Bikes in the area as well as Mr D. The staff and management are always friendly and accommodating. The pizza and menu is always lovely and reasonably priced.

Established in 2014 and relocated in 2017 to current premises which is situated in a booming street with many new developments and quickly becoming a very popular restaurant strip in the East Rand. This business is manger run and unfortunately the owner is not a hands on operator or experienced restauranteer.  Thus the high cost of sales and Salary bills. With an experienced restauranteer / operator and some restructuring this business can be much more profitable. All systems and Point of Sale is in place and just needs to be utilized efficiently.

This business has the potential of franchising or branching out. The owners are relocating and have also indicated that the selling price which is close to asset value is slightly negotiable for a quick sale.

Due Diligence