PIZZA PORT PROFITABLE HOSPITALITY BUSINESS IN RUSSELL FOR SALE
$125,000 Plus GST (if any)
1 Pizza Port Far North View map
Listing # PTHL041120 Listed 7 Jul 2011
About this business
EASY BUSINESS TO OPERATE – GOOD PROFITS – SUIT INDIVIDUAL OR COUPLE – FANTASTIC BAY OF ISLANDS LIFESTYLE ON YOUR DOOR STEP – ENJOY THE RUSSELL LIFESTYLE WITH PLENTY OF TIME TO PLAY – FULLY LICENSED – PLENTY OF POTENTIAL
The Pizza Port is a cracker little business in the heart of Russell in the Bay of Islands that will offer an individual or couple a spectacular return on their investment.
Not only is the Pizza Port professionally set up to provide a quick, easy and pleasurable dining experience to it’s patrons, but it is fully licensed until midnight with beer on tap. The Pizza Port provides pizza, pasta, salads and drinks, and comes fully set up with chattels of excellent quality.
This means that the new owners will be able to tap the opportunity for evening drinks and dining trade more fully. The current owners were originally silent partners in the operation. They had not intended to own and operate this business, and as busy people with other businesses in their portfolio they do not have time run it hands on, nor have they attempted to maximise it’s potential. The reality is that with a hands on owner, the Pizza port is capable of much greater things (although it is doing just fine now!).
The current owners are not going anywhere and will continue to be neighbours. That means that they are able to offer thorough training and guidance, but also that it is strongly in their interests to see that the new owners succeed and enjoy their new business.
Currently operated part time in shoulder season, not at all for June/July, and shutting at 8.30 in peak season despite being licensed to trade until midnight, the opportunities for expanding the trade and hence the bottom line are significant.
That being the case, the new owner is sure to do well here. Even if this business maintains it’s current performance, it would provide a not often encountered return on investment. With some minor adjustments a marked increase in turn over could easily be achieved.
The owners have spent a considerable amount of money upgrading, improving and sharpening up the operation. It is a very professional set up that will provide someone with a wonderful lifestyle in this part of the world.
Currently staffed with roughly 1.25 full time staff over the course of the year, it even stacks up as a hands off investment. If you are looking for a lifestyle opportunity in the Russell or Bay of Islands area, the figures for this one really stack up.
The Pizza Port in Russell offers an impressive return on investment, and is capable of significant improvement as well. With truly stunning scenery on your back door step, this opportunity is just waiting for someone who wants to enjoy the Russell lifestyle.
We welcome your inspection of THE PIZZA PORT IN RUSSELL, BAY OF ISLANDS, NORTHLAND NZ. Attempts to contact the business owner directly will not be appreciated.
WHAT TO DO NOW?
EASY AS… To request financial and other information about this great opportunity, follow this link HERE to our confidentially agreement registration page, then you can request access to the downloadable information by clicking the ‘Click Here to Request Full Access’ under the downloads section on the right hand column of this page. This will give you almost immediate access to the documentation we have on file, and any further information you require we will source for you.
Geoff Picot is the Specialist Tourism and Hospitality Business Broker for Northland for Tourism Properties. Tourism Properties is New Zealand’s Number One Specialist Business Broker Company for the Tourism and Hospitality Industry. We have more listings and more Brokers than any other company within New Zealand. All of our listings can be viewed from our site and access to the relevant documentation is available there too. We sell Hotels, Motels, Restaurants, Bars, Cafes, Lodges, Taverns, Adventure Tourism, Leisure Tourism, Accommodation Businesses and much, much more.
If you can sleep in it, eat in it, drink in it or play in it, and it makes money, we sell it.