Summary
Profitable and potential business.
Revenue
$11,000 pw
Rent
$1,000 pw
Location Details
Elsternwick
Skills
No skill required; vendor will provide full training.
Hours
4-10 pm
Lease
3x3x3
Employees
2 full-time, 4 part-time
Reason for Sale
The owners having a baby
About the Business
Well-Established Boutique Wood-Fired Pizza & Pasta Restaurant
An outstanding opportunity to acquire a well-established boutique Italian restaurant with a loyal customer base, premium equipment, and significant growth potential.
Business Highlights
Authentic wood-fired pizza restaurant with a fully equipped commercial kitchen.
Prime location in a high foot-traffic area with a strong base of regular customers.
Operating only 6 days per week, from 4:00 pm to 10:00 pm, offering excellent work-life balance.
Average weekly takings of $10,000$11,000, with plenty of scope to increase sales.
Affordable rent of approximately $1,000 per week.
Outgoings approximately $1,600 per quarter.
Secure long-term lease: 3 + 3 + 3 years.
All plant and equipment are in excellent condition nothing more to spend.
Fully equipped food preparation area.
Huge potential to grow through expanded trading hours, online delivery platforms, catering, and targeted marketing.
Asking Price
$170,000
Ideal For
First-time business buyers
Experienced hospitality operators
Owner-operators seeking a profitable lifestyle business
Investors looking for an established hospitality opportunity
Don't miss this rare chance to own a thriving wood-fired pizza and pasta restaurant with a solid reputation, stable income, and outstanding future growth potential.
For more details or to arrange for an Inspection, please contact:
PETER LI
0433 281 189
This Business is exclusively listed by No.1 Commercial and Business.
Disclaimer: The financial information and statements relating to the above business have been prepared based solely on the information supplied by the vendor to NOCB, and therefore, One Commercial & Business does not guarantee the accuracy of such statements and financial information. NOCB will not be liable for such statements and financial information. NOCB strongly recommends that all prospective buyers of this business seek its independent accounting, legal and financial advice and conduct their due diligence on the business. Image used only for illustrative purposes to protect the seller's privacy. It is in no way representative of the actual business or its products.
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