FULLY LICENSED ITALIAN RESTAURANT - WOODFIRED PIZZA PREMIUM BUSY LOCATION - UNDER MANAGEMENT
This restaurant sits in one of the busiest and most vibrant suburban strips in the Eastern Suburbs. Surrounded by popular local shops, cafes, supermarkets, and services, the business benefits from exceptionally strong foot and car traffic, with constant activity day and night.
The area is densely populated with modern high-rise residential buildings filled with young professionals, students, and families who love dining out. This creates a steady, reliable customer base - especially for evening trade.
The business is renowned for its authentic woodfired pizzas, quality Italian meals, and warm hospitality. It has earned high online review ratings, consistently praised for its amazing food, fully licensed bar, excellent pricing, and welcoming staff - all contributing to a fantastic dining atmosphere.
This is a well-established, fully equipped, fully licensed restaurant operating under management, offering a strong highly profitable trial and a premium high-demand location.
KEY FEATURES
Fully Licensed - liquor sales $5k-$7k per week approx.
$35,000 per week approx trial offered
Authentic woodfired pizza oven - major attraction
70-seat dining area
Under management - minimal owner hours
Excellent reviews - highly rated for food, value, and service
Surrounded by busy suburban shops and continuous passing traffic
High-rise residential area - strong young demographic that loves going out
No demolition clause
Owner operating for 8 years
BAS & tax returns available
FINANCIAL SNAPSHOT (Approx.)
Takings: $35,000 pw
COGS: $8,000 pw
Wages: $10,000 pw
Rent: $1,700 pw (incl. GST)
Outgoings: $385 pw
Owner's replacement wage: $785 pw
Utilities: Gas + electricity approx. $334 pw
LEASE DETAILS
4 years remaining + option
Annual increase 3%
Bank guarantee approx. $21,000
1 car space included
Approved trading hours 8am-11pm
TRADING HOURS
Mon-Fri: 4:30pm-9pm
Sat & Sun: 11:30am-9pm
ADDITIONAL BENEFITS
Strong evening trade due to young, active local population
Fully equipped commercial kitchen with cool room, grease trap, ventilation
Beautiful warm atmosphere + great staff culture
Strong social media and review presence
Perfect for an owner-operator or continue under management
Potential to grow lunch trade, takeaway, delivery, catering
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