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$260,000 + Stock

77 Turea Street
Blacksmiths NSW 2281

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Long Established & Highly Profitable Pizza Shop In Beachside Location

Embrace a new lifestyle and become the proud owner of Big Mamma's Pizza, a beloved pizzeria in the heart of Lake Macquarie.
Nestled along Australia's stunning east coast, Lake Macquarie offers an idyllic lifestyle with its sparkling lake, perfect for water sports, fishing, and sailing. Surround yourself with lush national parks, providing endless opportunities for hiking and outdoor adventures. Enjoy a relaxed pace of life with excellent amenities, including cafes, restaurants, and shopping centers, all within a friendly and vibrant community.
Big Mamma's Pizza is renowned for its authentic pizzas made from fresh ingredients. With a diverse menu featuring classic and gourmet pizzas, pastas, and sides, it caters to all tastes. The pizzeria offers both dine-in and takeaway options, ensuring a seamless dining experience for its loyal customers.
Key Features:
- Big Mamma Pizza Established for over 17 years, so is well known to locals and repeat tourist trade
- Easy to run generating good weekly cashflow and generous gross margins.
- Located around other successful retail business in the beachside suburb of Blacksmiths
- High percentage of sales are takeaway and delivery service which requires minimal front of House staff.
- Staff are predominantly juniors who assist with 1 owner operator working approximately 32hours per week,
An incoming owner could choose to run the business under management or work more hours if desirable.
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Property Details for 77 Turea St, Blacksmiths

Building Type
Commercial

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About Blacksmiths 2281

The size of Blacksmiths is approximately 2 square kilometres. It has 11 parks covering nearly 36% of total area. The population of Blacksmiths in 2011 was 1,843 people. By 2016 the population was 1,845 showing a population growth of 0.1% in the area during that time. The predominant age group in Blacksmiths is 50-59 years. Households in Blacksmiths are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blacksmiths work in a trades occupation. In 2011, 70.4% of the homes in Blacksmiths were owner-occupied compared with 72.6% in 2016.

Blacksmiths has 1,050 properties. Over the last 5 years, Houses in Blacksmiths have seen a 78.42% increase in median value, while Units have seen a 12.60% increase. As at 31 December 2024:

  • The median value for Houses in Blacksmiths is $1,080,350 while the median value for Units is $413,723.
  • Houses have a median rent of $693 while Units have a median rent of $320.
There are currently 7 properties listed for sale, and 2 properties listed for rent in Blacksmiths on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Blacksmiths.

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Brad Wallace
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Raine & Horne Commercial New Castle
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