Business For Sale Queensland
Business Category Alcohol Liquor Shop Restaurant Takeaway Food
$129,000 + SAV
Description
Under Contract Italian Restaurant Turnkey Opportunity $235k Profits!
This award-winning Italian Restaurant, enjoys a prime location opposite major tourist attractions and beaches, ensuring a steady flow of both locals and tourists. The restaurant is easily accessible via the Broadbeach North Station tram stop, with ample public and private parking options nearby. The cozy, family-friendly atmosphere and modern decor make it a beloved dining spot.
What's on Offer:
Authentic Italian Experience - Known for its traditional Napoletana wood-fired pizzas, certified by the prestigious "Associazione Verace Pizza Napoletana," and an extensive menu of Italian dishes crafted from high-quality local and imported ingredients.
Fully Equipped & Licensed - The sale includes all assets and equipment valued at approximately $136,430. The premise licensed with a curated wine list, brewed beer on tap, signature cocktails, and Italian coffee.
Strong Online Presence - Excellent reviews and ratings across multiple platforms ensure a strong digital footprint and a loyal customer base.
Financial Highlights:
Revenue: $934,705 (FY 2023)
Gross Profit: $675,453 (FY 2023)
Profit (Normalized): $235,946 (FY 2023)
Both owners wages totaled to $174k (FY 2023)
Key Highlights:
Established Reputation - Since 2014, this popular restaurant has built a solid reputation for quality and service, providing a decade of delicious Italian food.
Turnkey Operation - Owner-operated with a dedicated team, ready for a smooth transition with training provided.
Lease Security - Secure lease until March 2025 with an option for a further 2 years.
Growth Potential - Opportunities to expand operating hours and enhance marketing efforts for increased patronage.
Dont miss out on this incredible opportunity to own a piece of Italy in Gold Coast. The current owner, an experienced Italian chef, is moving overseas to be with family, ensuring that you will inherit a well-established and smoothly-running business.
Enquire Today before its gone!
Jade Luangsay
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Sunset Business Brokers
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