Authentic Italian Pizzeria In Prime Location Turnkey Opportunity $235k Profits!

Business For Sale Queensland

Business Category Alcohol Liquor Shop Restaurant Takeaway Food

$199,000 + SAV


Authentic Italian Pizzeria In Prime Location 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
Sunset Business Brokers

Similar Businesses For Sale

This business is somewhat unique and has no similar competition in this region, category or price bracket.

Contact Seller
Jade Luangsay

Bsale ID: 644567
Broker REF: ItalianRestaurant

Sunset Business Brokers
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