High Turnover Established Pizza Restaurant | South Brisbane

Iconic Pizza and Beer Restaurant in Thriving South Brisbane Suburb

An exciting opportunity to own and run one of the most established pizza and beer restaurants in a thriving community in South Brisbane. This pizza restaurant has a loyal following with in the local community and is a proven consistently profitable business. This restaurant offers dine in, takeaway and delivery options and has no direct competition in the near by area.

Key Highlights
- Prime Location: Strategically positioned and capturing high visibility and local foot traffic in vibrant, loyal community.
- Exceptional Rent: Rent is significantly below industry standards at only 6% of total sales, providing a secure high margin foundation for a new owner/operator to come on board.
- Established Brand: Boasts a loyal local following and impressive highly rated on all platforms.
- Versatile Service Model: Capture maximum market share, successfully integrated high-volume dine-in atmosphere with takeaway and delivery revenue streams in place.

Enjoy working afternoon hours and early night finishes with great operating hours and 6 days a week trade. This business is well set up, easy to run and ready for a new operator to step in and benefit from the hard work already done.

Lease Details
10 months remaining on current lease and 1 x 5 year option available.
Lease commenced February 2017 - Only 3% rent increases - 3 month bond is required.

Premises Details
Approx. 100 square metres. 80 pax total with large front outdoor seating area. Full pizza kitchen and equipment. 2 x parking spaces.

Staff Details
7 x staff (all casual)

Opening Hours
Currently trading 6 nights per week
Tuesday to Sunday 4:00pm-9:00pm

Opportunity
Focus on catering by partnering with local businesses.
Increase weekend trade hours and run specials to promote this.

**Weekly**
Sales $15,500
Rent $940
Wages Wages
Net Profit $2,567

For more details, please email broker or call agents.