Queensland

Italian Restaurant, true local's favourite! (Profitable/Fully managed/Low overheads)

For Sale | $550,000

Restaurant

 

 

Established in early 2017, this local gem ranks within the best Restaurants on the Gold Coast and is well known as a true local's favourite. Strategically located in a large high-end residential area, this business is far from the busy tourism centre and, focusing on servicing the local community, it secured a consistent and steady business all year long, far from the strong Gold Coast seasonal ups and downs.

Operating 6 days a week, Tuesday to Sunday from 5.30pm to 9pm and opening for lunch on Fridays and Sundays only, from 12pm until 3pm.

The wood-fired oven was imported directly from Italy, allowing to craft the authentic pizza that this restaurant has become famous for. The menu includes also traditional elements, in house hand-made pasta, Italian classics and home-style foods; a tried and tested menu that has satisfied anyone: hungry locals, celebrities and food bloggers from all over the country.

In keeping with what the locals came love, the venue presents as a traditional 'neighborhood trattoria' vibe with 100 seats, rustic fit-out and soft lighting creating a warm, casual atmosphere with BYO option.

A Restaurant Manager, a supervisor, 4 waitstaff, 2 head chefs, 2 pizza chefs and 4 cooks ensure restaurant's profitability with high quality standards and product consistency.

Key Investment Features:
- Average weekly takings between $30k - $45k
- 15% Net Profit
- 3 + 3 Years lease commenced April 2017 - Security deposit $10,000
- Rent: $60,000 p/annum
- Professional team in place & reliable management

Contact Matteo Melis at 0433 719 112 to discover more about this opportunity.

Please complete an online confidentiality agreement at www.linkbusiness.com.au/businesses-for-sale/ca/BR00625

 
Ref: BR00625
Timestamp: 20190307070105

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Matteo Melis



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Matteo Melis

LINK Brisbane

Overview

This Restaurant Business is one of 85 businesses for sale in Gold Coast, Queensland, and one of 21 Restaurant Businesses in this region that a business for sale currently has on offer. This Restaurant Business is for sale in Gold Coast for the asking price of $550,000 and has been on market for less than 3 months.