Northside | Suburban | Italian Restaurant | Trades 30hr p/wk
Licensed Northside Suburban Italian Restaurant Equipped with Woodfire Pizza Oven
New to market, this well-established northside suburban Italian restaurant has been serving the local community since 2019 and presents an excellent opportunity for an owner-operator.
The business operates a highly efficient model, trading just 30 hours per week across 6 evenings, while still delivering strong and improving financial performance. Revenue increased by 8% in FY25, with well-managed cost of goods at approximately 31%. Online delivery partner sales account for almost 50% of total revenue, providing a strong and diversified income stream.
The restaurant features a modern fitout constructed in 2019, with well-maintained equipment throughout, including a full commercial kitchen, woodfire pizza oven, extended rangehood, and walk-in cool room. The venue offers approximately 60 seats, including internal dining and alfresco outdoor seating, creating a welcoming suburban dining destination.
The business generates a working owners income of approx $2,030 per week, you will be earning an income from day one.
These tightly held suburban locations are highly sought after, and this opportunity is underpinned by a secure long lease, providing stability and confidence for an incoming owner.
Key Highlights:
- Prime northside suburban location
- Established and trading since 2019
- 60-seat capacity with internal and alfresco dining
- Approx. 121 sqm internal space
- Liquor licence in place
- Strong delivery and takeaway component
- COGS approx. 31%
- Revenue growth of 8% in FY25
- Long lease in place - 5 + 5 years commenced April 2023
- Monthly base rent $5,926.26 + GST (NO OUTGOINGS)
- Full commercial kitchen including woodfire pizza oven, extended rangehood & walk-in cool room
**Please note that for confidentiality the image in this advert is generic and is not of the actual business**
Lease Info:
5 + 5 Year Lease Commenced 2023 Base Rent Monthly Rent $5,926.26 + GST, NO OUTGOINGS
Trading Times:
Tuesday - Sunday - 4pm to 9pm
Size of Premises:
121 SqM Premises plus Outdoor Dining Area
For more details, please email broker or call agents.
