About the Business

FULLY LICENSED ITALIAN RESTAURANT – WOODFIRED PIZZA PREMIUM BUSY LOCATION – UNDER MANAGEMENT
This restaurant sits in one of the busiest and most vibrant suburban strips in the Eastern Suburbs. Surrounded by popular local shops, cafés, supermarkets, and services, the business benefits from exceptionally strong foot and car traffic, with constant activity day and night.
The area is densely populated with modern high-rise residential buildings filled with young professionals, students, and families who love dining out. This creates a steady, reliable customer base — especially for evening trade.
The business is renowned for its authentic woodfired pizzas, quality Italian meals, and warm hospitality. It has earned high online review ratings, consistently praised for its amazing food, fully licensed bar, excellent pricing, and welcoming staff — all contributing to a fantastic dining atmosphere.
This is a well-established, fully equipped, fully licensed restaurant operating under management, offering a strong highly profitable trial and a premium high-demand location.

KEY FEATURES

• Fully Licensed – liquor sales $5k–$7k per week approx.
• $35,000 per week approx trial offered
• Authentic woodfired pizza oven – major attraction
• 70-seat dining area
• Under management – minimal owner hours
• Excellent reviews – highly rated for food, value, and service
• Surrounded by busy suburban shops and continuous passing traffic
• High-rise residential area – strong young demographic that loves going out
• No demolition clause
• Owner operating for 8 years
• BAS & tax returns available

FINANCIAL SNAPSHOT (Approx.)

• Takings: $35,000 pw
• COGS: $8,000 pw
• Wages: $10,000 pw
• Rent: $1,700 pw (incl. GST)
• Outgoings: $385 pw
• Owner’s replacement wage: $785 pw
• Utilities: Gas + electricity approx. $334 pw

LEASE DETAILS

• 4 years remaining + option
• Annual increase 3%
• Bank guarantee approx. $21,000
• 1 car space included
• Approved trading hours 8am–11pm

TRADING HOURS

• Mon–Fri: 4:30pm–9pm
• Sat & Sun: 11:30am–9pm


ADDITIONAL BENEFITS

• Strong evening trade due to young, active local population
• Fully equipped commercial kitchen with cool room, grease trap, ventilation
• Beautiful warm atmosphere + great staff culture
• Strong social media and review presence
• Perfect for an owner-operator or continue under management
• Potential to grow lunch trade, takeaway, delivery, catering