Summary
This fully under management restaurant, generating close to $70,000 net per week, This is a rare opportunity to acquire a business with a strong loyal following serving some of Brisbane’s best pizza
Revenue
$70,000 pw
Rent
$4,254 pw
Location Details
This is a rare opportunity to acquire a business with a decades-strong loyal following in one of the city’s most active entertainment precincts.
Potential
Two clear buyer profiles exist. For a hospitality group, this is a management-ready, highly profitable asset with a long track record — a passive income acquisition with proven stability and multiple levers for growth through catering. For an owner-operator or group stepping in, the upside is still greater: the $652,000 annual net profit is generated under full management. With a long history of community goodwill, with built-in recurring demand and established catering business ready to scale, this is a once-in-a-generation opportunity
Hours
7 days a week 11.am to 9.00pm/10.00pm.
Lease
Two tenancies: one to 2038, one to 2028 (extension to align anticipated)
Employees
10–16 per service: pizza 2–4 / floor 5–7 / kitchen
3–5
About the Business
This fully under management restaurant, generating close to $70,000 net per week, and anchored by strong leases with rent at 6.1%. This is a rare opportunity to acquire a business with a decades-strong loyal following in one of the city’s most active entertainment precincts serving some of Brisbane’s best pizza — represents a brand equity that cannot be
replicated.
Turning over $69,730 per week net — approximately $3.63 million annually — the business delivers a net profit margin approximately 18%, representing around $652,000 per year. Cost controls are exceptional: rent sits at just 6.1% of sales, and all other operating expenses fall within industry benchmarks. Wages (inclusive of super and workcover) at 40.28% and COGS at 29.89% reflect a high-volume, fully staffed operation running across three distinct service sections. There are two tenancies covering the premises with leases secured by great landlords — one lease runs 2038, the other to 2028 with extension anticipated to align both —
delivering lease security and longevity rarely available at this level.
– Close to $70,000 net per week — FY26 average $69,730; approximately $3.63M annually
– ~18% net profit margin — approximately $652,000 annually with minimal add-backs
– Rent at just 6.1% of sales — well below industry benchmarks for a venue of this volume
– Wages (incl. super & workcover) 40.28%; COGS 29.89% — all other expenses within industry norms
– Lease secured to 2038 across two tenancies; extension to align both anticipated without issue
– Long trading history — established across two generations of the same family
– Fully under management — genuine passive income or significant owner-operator upside
– Dominant position in a high-traffic street.
– Established catering revenue stream — additional contracts actively being developed by current owner
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