Mamma Roma Italian Restaurant & Pizzeria - Magnetic Island, Townsville

Beyond 2000 is delighted to introduce for sale Magnetic Island's Italian restaurant, pizzera and live music venue ... Mamma Roma!

Operating since 2016, Mamma Roma is an authentic Italian restaurant and pizzeria perfectly located in the Picnic Bay Arcade on picturesque Magnetic Island. This profitable BYO dine in and takeaway restaurant is positioned next to the Maggie Island Brewery and enjoys amazing views of the beach and Townsville.

Mamma Roma trades 6 evenings a week from Shops 1-3/9 The Esplanade, Picnic Bay and can seat up to 140 diners in the covered indoor and outdoor seated areas.

The conditions of the restaurant are perfect and the owner has spared no expense including a new exhaust canopy system, new fridges, new kitchen, new tiles, fresh paint, new sinks, the list goes on!

Mamma Roma has made an average net profit of $140,000 over the last two years and there are still many areas to grow the business, including:

* Obtain a liquor licence (currently BYO)
* Extend trading hours to include breakfast and/or lunch
* 20+ new apartments are being build on the Esplanade in the coming months
* Capitalise on Picnic Bay's popularity for weddings and parties
* Utilise shop 3 as another takeaway business and further capitalise on the microbrewery customers

Why You Should Buy This Business:

* Very well established business
* A true lifestyle business on beautiful Magnetic Island
* Magnetic Island's only exclusive Italian restaurant and pizzeria
* Ideally located next to Maggie Island Brewery
* Average net profit of $140,000 over the last two years
* Premises are in excellent condition
* Private parking area
* Popular live music nights on the weekend
* Great online presence with an excellent reputation
* Over 3,200 followers on Facebook and 1,100 followers on Instagram
* Many areas to expand the business and further increase profitability
* Low rent
* Genuine reason for sale

Mamma Roma is being sold for $259,000 wiwo (neg).

To receive a Sale Proposal, please complete our online Confidentiality Agreement form at XXXXXXXXXX .

Business Broker:
Susan Butler – XXXXXXXXXX
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