Summary
Asking Price: $380,000 + Stock Location: North Sydney Turnover: $500,000+ p.a Weekly Sales: $10,600 Rent: Approximately $80,000 + GST p.a. Profitable, long-established North Sydney pizzeria
Revenue
$504,393 pa
Rent
$79,737 pa
Expenses
$131,081 pa
Net Profit
$153,701 pa
Location Details
a genuine opportunity to acquire a profitable, long-established North Sydney pizzeria with more than 20 years of goodwill, a loyal customer base and strong existing financial performance.
Potential
Significant Growth Potential
The business is currently focused primarily on evening trade, creating several opportunities for a new owner to expand the operation, including:
• Daytime catering for local businesses and functions
• Corporate and event catering
• Longer trading hours during the busy summer months
• Further development of takeaway and delivery sales
• Increased local marketing and promotional activity
• Continued menu development and new product offerings
• Shop with Instagram account to boot followers and increase sales
Skills
• Dough Mastery: Knowing how to mix, ferment, stretch, and bake dough consistently under varying room temperatures and humidity.
• Oven Management: Operating and monitoring commercial wood-fired, deck, or conveyor ovens to keep correct baking times and temperatures.
• Equipment Maintenance
• Staff Management: Hiring, training, and motivating kitchen staff, delivery drivers, and counter service workers.
• Customer Service: Communicating clearly and resolving customer complaints with patience and diplomacy.
Hours
Trading 6 days a week, from 4:30pm to 9:00pm, and 9.30 pm on Fridays and Saturdays
Lease
Current Rent: Approximately $80,000 + GST per annum
Lease Term: 3 years
Option: Further 5-year renewal option
Employees
Casual staff only with one owner manager
Two staff per shift with additional staff as required
Reason for Sale
Current Owners Relocating to another State
About the Business
An outstanding opportunity to acquire a family-run pizzeria with more than two decades of successful trading history, established as a well-known and much-loved local institution in North Sydney.
Located on a busy local food strip, the business services an exclusive peninsula with high-density residential housing and a strong base of loyal repeat customers. Its long trading history established reputation and loyal customer following provide an excellent foundation for a new owner.
The business currently trades 6 days a week, from 4:30pm to 9:00pm, and 9.30 pm on Fridays and Saturdays providing a well-established and manageable trading model with significant potential to further increase revenue.
Strong Financial Performance
The business generates turnover of more than $500,000 per annum, with the supplied financial information showing 2026 actual sales of $504,393 and net operating profit of $153,701. The financial statement also projects 2027 sales of $524,568 and net operating profit of $163,341
Financial Highlights 2026 Actual 2027 Projected
Revenue $504,393 $524,568
Gross Profit $364,519 $380,498
Gross Profit Margin 72.27% 72.54%
EBITDA $153,701 $163,341
Net profit Margin 30.47% 31.14%
The 2027 projection represents approximately 4% growth in revenue and 6.3% growth in net operating profit, highlighting the potential for continued performance.
Significant Growth Potential
The business is currently focused primarily on evening trade, creating several opportunities for a new owner to expand the operation, including:
• Daytime catering for local businesses and functions
• Corporate and event catering
• Longer trading hours during the busy summer months
• Further development of takeaway and delivery sales
• Increased local marketing and promotional activity
• Continued menu development and new product offerings
• Activate the social media, shop has Instagram account with boost in followers increasing sales
The pizzeria's tried-and-tested extensive menu has recently been enhanced with additional flavours and options, providing customers with greater variety while creating further opportunities to increase average customer spend.
History
The Opportunity
This is a genuine opportunity to acquire a profitable, long-established North Sydney pizzeria with more than 20 years of goodwill, a loyal customer base and strong existing financial performance.
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