City, Australian Capital Territory 2601
$299,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Traditional Italian woodfired pizza and Mediterranean cuisine
- Fully licensed bar with indoor and alfresco dining
- Operates five evenings weekly, Wednesday to Sunday
- Extended closures over Christmas, Easter and public holidays
- Loyal affluent local customer base in Inner South shopping strip
- Full training provided; breakfast, lunch and delivery expansion opportunities
- Net Profit: $3,498 per week adjusted profit; $3.5K weekly net profit
- Rent/Lease: $1,250 per week rent; brand-new 55-year lease; drafted 5x5 year lease
- Established: Over 20 years
Business Details
Business Category Bakery Cafe
Available for the first time in over 20 years, this beloved suburban institution is coming to the market serving a wealthy customer base largely unaffected by cost of living changes.
Establishments of this calibre, stability, and community reputation are rarely surrendered, offering an incoming operator a turnkey, highly profitable business with an ironclad local legacy.
Situated in a desirable, foodie-centric shopping strip in the Inner South, the restaurant serves an exceptional menu of traditional Italian woodfired pizza and Mediterranean cuisine, complemented by a fully licensed bar.
With a welcoming indoor layout and highly sought-after alfresco outdoor dining, it has cemented itself as the ultimate neighborhood hub.
Why This Investment Stands Out:
- Exceptional Lifestyle Balance: Operating just 5 evenings a week (Wednesday to Sunday), the current owners enjoy their days entirely free. The business also completely closes for extended, well-deserved breaks over Christmas, Easter, and public holidays.
- Secured Future: Peace of mind is guaranteed with a brand-new 55 year lease already locked in at an incredibly affordable rent for the area.
- Robust, Proven Financials: Boasting a remarkable $3,498 per week in adjusted profit, backed by years of clear, verifiable financial records.
- Affluent Suburb: Positioned perfectly to capitalize on the modern shift toward premium suburban dining. Lower overheads combined with a deeply loyal, affluent, and captive local customer base ensure strong, consistent trade.
Brand New Affordable Lease. The current owners also own the building and have drafted a very reasonable 5x5 year lease with rent that is affordable
Growth & Opportunity:
While already lucrative in its current format, a motivated buyer could instantly scale revenue by expanding into breakfast and lunch trade, leveraging the strong daytime foot traffic of the surrounding cafes, or extending delivery platforms.
After two decades of stellar success, the founding owners are ready to slow down and take a well-earned retirement, paving the way for a passionate new owner to step into an immediate, secure income stream from Day One.
This would be ideal for a young couple or friends with a hospo background lookin g to go into business. Full training will be provided.
**Weekly**
Net Profit $3.5K
Rent $1,250
What's Nearby
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.