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Beautiful 5-Day Pizza Restaurant with Huge Kitchen & Frontage | MAS242
Summary
Long-established Italian restaurant and pizzeria in the heart of Balmain. Fully fitted, licenced licensed. Loyal local following, strong dinner trade, trained team in place. Long lease secured.
Revenue
$26,000 pw
Rent
$2,500 pw
Expenses
$18,000 pw
Net Profit
$5,000 pw
Location Details
360 Darling Street, Balmain
Prime position on Darling Street, Balmain's main road - high pedestrian and passing traffic, surrounded by cafes, boutiques and bars. Affluent inner-west catchment, strong local dining culture, 15 min to the Sydney CBD. Buses at the door.
Potential
Strong upside for a hands-on owner-operator. Trade is currently built on dinner and local walk-ins, leaving lunch, weekend brunch and a dedicated takeaway and delivery channel largely untapped. The licence supports a bigger bar and aperitivo offer, and the oven carries a higher-margin pizza menu. Further scope in catering and private functions, loyalty and consistent social media - none of it yet pursued. Menu costings, systems and supplier pricing are already in place, so added revenue flows straight to the bottom line.
Skills
No formal qualifications required. Hospitality experience is an advantage and a chef or pizzaiolo background would suit an owner-operator wanting to run the kitchen, but the business already trades with a trained kitchen and floor team in place. What matters most is a genuine presence on the floor, good people skills and an eye on food and labour costs. A full handover is provided covering menu, costings, suppliers, rostering and systems, with ongoing support by arrangement. NSW RSA needed for licensed trade; food safety supervisor in place.
Hours
Tuesday to Sunday, 5pm to 10pm.
Lease
Current lease to September 2030, plus a 5 year option. Assignment subject to landlord consent.
Employees
2 Full timers in the kitchen, 1 part time, 1 kitchen hand, 3 part time on the floor.
Reason for Sale
The owner operates several venues across Sydney and is consolidating to concentrate time and capital on the remaining sites. This is a decision about focus, not about trade: the restaurant is open, fully staffed and will be handed over as a going concern. The vendor provides a full handover on menu, costings, suppliers, rostering and systems, with ongoing support by arrangement, and is motivated to see the business pass to an operator who will look after the team and the local following.
About the Business
Established Italian restaurant and pizzeria on Darling Street, the main road through Balmain and one of Sydney's best inner-west dining strips. A genuine neighbourhood restaurant with a loyal local following, sold as a going concern and ready to trade from day one.
THE BUSINESS
A full-service Italian restaurant and pizzeria: pizza, fresh pasta, Italian classics and a compact, well-chosen Italian wine list. Licensed, with large indoor dining. The kitchen and floor team are trained and in place, the menu is fully costed, and supplier pricing is established.
THE CUSTOMERS
Trade is built on the local catchment rather than passing tourists, which makes it consistent. Regular weeknight locals, families and couples on weekends, and steady flow from the surrounding retail strip. Balmain is an affluent residential pocket fifteen minutes from the CBD with a strong culture of eating locally, and this address is part of that habit.
WHAT MAKES IT WORTH LOOKING AT
- Prime main-road position, high pedestrian and passing traffic
- Fully fitted commercial kitchen with 3 deck pizza oven
- Complete fit-out, furniture, equipment and POS
- Liquor licence in place
- Trained team already running the day to day
- Costed menu, systems and supplier pricing handed over
- Long lease with a further option
THE UPSIDE
Trade leans heavily on dinner. Lunch, weekend brunch and a properly run takeaway and delivery channel are untapped, the licence supports a bigger bar and aperitivo offer, and catering and functions have never been pursued. With costs already systemised, added revenue flows to the bottom line.
WHO IT SUITS
An owner-operator chef or pizzaiolo who wants their own room and their own name over the door, a hospitality couple after a neighbourhood restaurant with customers already walking in, or an operator adding a second site with systems already built.
PLEASE NOTE - THE NAME
The business is sold without its current trading name, which the vendor retains for his other venue. The incoming owner rebrands, with the vendor's support through the transition. Everything that drives the trade transfers: the site, the fit-out, the kitchen, the team, the menu and costings, supplier pricing and the local habit of eating here. Balmain has been eating this pizza for twenty years.
The vendor operates several Sydney venues and is consolidating to focus on the others. Confidential enquiries welcome. Financials to qualified buyers on signing a confidentiality agreement. Inspections by appointment outside trading hours.
History
This site has served pizza in Balmain for around twenty years. It started as Rossopomodoro, one of Balmain's original pizzerias, and the current owner took it over and reworked it into the Italian restaurant and pizzeria it is today, keeping the pizza a generation of locals grew up on while broadening the menu and the wine list. Two decades on it remains the first choice for pizza for many Balmain families, with regulars going back to the original doors. That history comes with the business.
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