Ad ID: 80595

Italian Restaurant for Sale Gold Coast

Enquire about this "Italian Restaurant for Sale Gold Coast" opportunity on aubizbuysell

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


Business for Sale Description

Italian Restaurant for Sale Gold Coast Asking: $550,000$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

Ref: BR00625
Timestamp: 20200430080014

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For more info
Contact: Matteo Melis

Matteo Melis

+61 433 719 112 or +61 7 3831 2300
LINK Business Brisbane
Broker Ref: BR00625

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