Under Offer Award Winning Italian Restaurant In Ringwood

Available for acquisition is a renowned, award-winning restaurant specializing in pizzas, pastas, and other Italian cuisine, with dine-in and takeout options. Its strong reputation as an award-winning establishment has cultivated a loyal customer base. Located in a high-traffic area, the business attracts a wide range of patrons. This opportunity is perfect for buyers seeking a well-established brand in a prime, high-demand location.

*Annual revenue of $3,068,000
*State-of-the-Art Fit-Out valued at over $2,000,000
*216 indoor and 40 outdoor seating
*Strong brand reputation
*Loyal customer base

Nick Kolaitis and the team at LINK Melbourne are excited to present a successful Italian restaurant in Melbourne. It has been operating since 2016 and has become known for its Neapolitan-style pizzas and pasta. The business appeals to a wide range of clientele due to its strategic positioning in a high-traffic location. Despite the broad market appeal, Italian food and casual diners are its primary target market.

Apart from its award-winning status, the business's success is partly owed to its state-of-the-art fit-out that offers patrons an upscale experience. Its fit-out features a large commercial kitchen, cool room and spacious dining areas.

In addition, the premises are divided into indoor and outdoor areas, with 216 and 40 seating capacities, respectively. It benefits from an excellent location, well-appointed fit-out and significant seating capacity.

Notably, it has an absentee owner, supported by a dedicated and experienced team of 8 full-time, 18 part-time and 22 casual staff, highlighting its straightforward model and turnkey operations.

Listing ID: ME03119
Broker: Nick Kolaitis
Phone: XXXXXXXXXX
Email: XXXXXXXXXX
Ref: ME03119
Timestamp: XXXXXXXXXX 0004