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

For Sale | $550,000




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: 20190404070105



Matteo Melis

Marketing By

Matteo Melis

LINK Brisbane


This Restaurant Business is one of 110 businesses for sale in Gold Coast, Queensland, and one of 20 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 marketed for a while and is definitely worth another look as it is sure to be snapped up soon..