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BAR & PIZZERIA

363 Chapel Street South Yarra 3141
$150,000 ONO

Description

LEO’S BY THE SLICE  

Open 5 nights a week for pizza, subs and drinks is popular venue is located in the heart of bustling Chapel Street and is a popular choice with the trendy locals for its relaxed vibe, great food and well-priced drinks.

This venue is renowned for its vintage style fit out including red & white checkerboard floors, red tabletops, timber panelling on the walls and neon lighting. At the front there are a few stools and a couple of booths adding to the relaxed American 70’s style diner feel.

The business model is simple – “Pizza in the front – Party out the back”. Meaning Pizza and soft drinks available at the front, the menu includes 8 classic pizzas including a selection of vegan options. Out the back is a bar area complete with pool table, well priced wine list and a self-service beer vending machine.

With its strong social media presence and a reputation for quality; this venue is primed and ready for a purchaser to take over and start making some serious dough straight away.

Call Nick 0419 589 852 to inspect!

BUSINESS HIGHLIGHTS:

  • Weekly sales $14,000 + additional $2,000-$3,000 Uber Eats
  • Located in a high foot traffic area on Chapel Street
  • Simple to operate menu – Pizzas, subs & drinks
  • Sales growing weekly, venue is only 6 months old with massive growth potential
  • Liquor license for 40 patrons until 1am
  • Renowned for its New York style pizza and old school fit out
  • Strong social media presence and growing weekly
  • Secure 15 (5+5+5) year lease commenced 2016
  • Fully equipped commercial kitchen complete with pizza ovens
  • Trades: Sun – Thurs: 12pm – late, Fri & Sat: 12pm – 3am

ASKING PRICE $150,000 ONO

To inspect call or text Nick 0419 589 852

If you have any further questions on buying or selling a business you can read our blogposts or contact us on 0409 965 540 or info@justbusinessbrokers.com to set up a FREE consultation today.

  • 363 Chapel Street South Yarra 3141, Melbourne, Australia
Nick Gazeas
Nick Gazeas
0419 589 852
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