Under Contract Italian Restaurant Turnkey Opportunity $235k Profits!

Business For Sale Queensland

Business Category Alcohol Liquor Shop Restaurant Takeaway Food

$129,000 + SAV

Description

Under Contract Italian Restaurant 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
XXXXXXXXXX
Sunset Business Brokers
Contact Seller
Jade Luangsay

Bsale ID: 644567
Broker REF: ItalianRestaurant

Sunset Business Brokers
Make Enquiry
wait whilst email sent

Thank you, your enquiry has been sent now.