1 - 6 MAIN STREET SOUTH STREET, Perth East (Milverton)

$149,000

For sale: Other

Other at 1 - 6 MAIN STREET SOUTH STREET, Perth East (Milverton)
Property type
Sale Of Business
MLS®
MLS® X13883416
Neighbourhood
Milverton

TURNKEY NEW ORLEANS PIZZA | PRIME MAIN STREET LOCATION | ESTABLISHED BUSINESS | GREATOWNER-OPERATOR OPPORTUNITY Excellent opportunity to acquire an established New Orleans Pizza business located at 6 Main Street South, Unit 1, Milverton. Ideally positioned on Main Street with strong visibility and convenient access, this well-established restaurant offers an excellent opportunity for an owner-operator or investor looking to enter the food-service industry or expand an existing portfolio. Benefit from an established brand presence, existing restaurant setup, and a ready-to-operate business, allowing a new owner to focus on growing the operation and serving the local community. Ideal for entrepreneurs seeking a proven concept in a welcoming Perth Eastcommunity.Don't miss this opportunity to take over an established pizza business in the heart of Milverton! Monthly sales : 30-35k, Rent : 1500 including hst and tmi, Food cost :31-35, Labour- 22%, Royalties: 6 %, and 2 % advertising, Utilities: $ 1100 per month.

Sold data

Homes in Perth East (Milverton) — recent sold market

Homes in Perth East (Milverton) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 74, across 76 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.

The median sale price was $687,450.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 28% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$687,450
Sale-to-list ratio
98.0%
Sold above asking
17%

Based on 76 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 1 - 6 MAIN STREET SOUTH STREET