Sold | Highly Profitable, Under Management Restaurant In West End

Brisbane, Queensland 4000

SOLD

Key Features

AI generated. Contact seller to confirm.

Under management with experienced team of 10 staff
Italian cuisine including pizza, pasta, specials and drinks
Part of residential complex surrounded by other retailers
Top online ratings and local customer following
Strong systems and procedures with limited owner involvement
Situated five minutes’ drive from Brisbane CBD

Turnover: $Weekly sales well in excess of $20,000
Rent/Lease: Base rent of $60,000 + GST and outgoings; lease expires September 2029; outgoings approximately 5% of revenue
Established: Established in 2017

Business Details

Business Category Restaurant

SOLD

Long-established pizza restaurant situated in West End, just a 5-minute drive from Brisbane CBD and part of a residential complex, surrounded by other retailers, guaranteeing steady foot traffic and visibility.

The business runs under management with a solid team in place, specializing in Italian cuisine and offering pizza, pasta, specials, and drinks.

Highlights:
- Consistently achieving weekly sales well in excess of $20,000
- Established in 2017 withlease expiration date in September 2029
- Base rent of $60,000 + GST & outgoings (approx. 5% of revenue)
- Boasting top online ratings, we are a local favorite serving authentic Italian classics andwines
- An experienced team of 10 staff members (incl. Restaurant Manager)
- Limited owners involvement with strong systems and procedures in place

This opportunity, priced at $299,000 + SAV, comes with a genuine reason for sale. Enquire now to discover more and receive a comprehensive information memorandum.

Business Broker: Matteo Melis
Ref: BR01393
Mobile: XXXXXXXXXX
Email: XXXXXXXXXX

LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: XXXXXXXXXX
Ref: BR01393
Timestamp: XXXXXXXXXX 3015