Restaurants For Sale in Eastgardens Sydney NSW

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

Important Notice - Buyer Identification Requirements
In accordance with Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation, we are required to undertake customer due diligence on prospective purchasers. This includes identity verification and other checks as required under Australian law at the relevant stage of the transaction.

To ensure the security and privacy of personal information, identity verification is conducted through a secure third-party verification platform. Depending on the stage of the transaction and the verification required, a verification fee may apply.

Prospective buyers may be required to provide satisfactory identification and complete the necessary verification requirements before certain confidential information can be released and/or before a transaction can proceed.

If you are unwilling to comply with these mandatory legal requirements, we respectfully ask that you do not enquire about this opportunity, as we will be unable to progress your enquiry.