Mamma Roma Italian Restaurant & Pizzeria - Magnetic Island, Townsville
Townsville, Queensland 4810
SOLD
Key Features
AI generated. Contact seller to confirm.
- Profitable BYO dine in and takeaway restaurant
- Average net profit of $140,000 over two years
- Excellent condition with new equipment
- Seats up to 140 diners
- Located next to Maggie Island Brewery
- Opportunities for business growth and expansion
- Turnover: Not disclosed
- Net Profit: $140,000
- Rent/Lease: Lease in place
- Stock Value: Included
- Established: 7 years
Business Details
Business Category Cafe Catering Restaurant
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
XXXXXXXXXX
XXXXXXXXXX
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
XXXXXXXXXX
XXXXXXXXXX
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