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Authentic Woodfire Pizzeria – Southwest Sydney

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Price $385,000 + SAV
Profit *

$270,221

Sales Revenue

$540,000

Location Canterbury/Bankstown, Bankstown
Category Food/Hospitality, Restaurant
Listing # NSW11676
Theo Pettaras Headshot

Theo Pettaras

Business Broker

NSW

+61 298 991 999

61 405 102 102

[email protected]

Bankstown Restaurant Business for Sale
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Bankstown Restaurant Business for Sale
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About this Business for sale in Bankstown

Established Woodfire Pizzeria | Over 40 Years Strong | Sydney’s Southwest Icon

Step into one of Sydney’s original and most beloved Italian pizzerias. Operating continuously since 1984, This Pizzeria is a fully licensed, profitable and turnkey business with a legendary reputation for traditional woodfire pizzas, loyal local clientele, and decades of goodwill.

Key Investment Highlights:

  • Long-standing Legacy: Over 40 years of continuous operation with only two owners — a rare opportunity to acquire a true icon in the community.
  • Strong Financials: FY24 Revenue of $613K and average EBPITDA of ~$270K over three years.
  • High Margins: Gross Profit consistently above 63% – exceptional profitability for only a 5-night-a-week venue.
  • Prime Position: Located in a bustling international shopping strip with strong visibility and easy customer parking.
  • Fully Equipped & Licensed: 90 sqm premises with indoor seating for 80, full commercial kitchen, authentic inbuilt woodfire pizza oven, bar, and liquor license.
  • Balanced Trade: 50% dine-in / 50% takeaway – ideal model for expansion into delivery or catering.

 

Menu & Concept

This pizzeria serves handcrafted woodfire pizzas, pastas, and Italian comfort food using fresh, quality ingredients. Known for generous toppings, friendly service, and warm ambiance, the business boasts a 4.6-star Google rating and 1,500+ social followers.

Growth Opportunities

  • Extend Trading Hours: Currently trading just 30 hours/week (Wed–Sun evenings only). Adding lunch service or Monday/Tuesday trade could significantly boost revenue.
  • Liquor Upsell: Expand the alcohol menu to include cocktails and spritzes to elevate the dine-in experience.
  • Menu Additions: Halal options, house-made desserts, vegan pizzas, or Mediterranean sides.
  • Social Media & Online Ordering: A digital marketing push could dramatically increase visibility and sales.
  • Halal Only Rebrand: Given the growing demographic, a unique opportunity awaits for a Halal only pizzeria.

 

Lease & Premises

  • Rent: $1,075 + GST p/wk (approx.) (incredibly attractive terms)
  • Lease Term: Until August 2027 + 3-year option to 2030
  • Size: Approx. 90 sqm, clean layout with bar, kitchen, woodfire area, coolroom, and rear delivery access

 

Financial Summary (FY22–FY24 averages)

  • Revenue: $613,000
  • EBPITDA (Adjusted Net Profit): $270,000
  • Stock at Value (SAV): Approx. $7,500
  • Plant & Equipment: Estimated $75,000

 

Ideal Buyer

This opportunity suits:

  • Owner-operators seeking a stable, high-margin business
  • Hospitality groups wanting to add a profitable, proven site
  • Investors looking for strong ROI with room to grow

 

Enquire Today

With unmatched longevity, strong community ties and clear growth levers, this pizzeria is a slice of Sydney hospitality history — ready for its next chapter.

Listing ID: NSW11676

Broker: Theo Pettaras
Phone: 1300 763 668 / 61 405 102 102
Email: [email protected] 

Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the vendor.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.

Keywords: Pizzeria For Sale, Italian Restaurant, Pizza Business, Restaurant For Sale, Hospitality Business, Food Business, Dine In Takeaway, Profitable Business

Ref: NSW11676

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Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.

To find out more, complete an online confidentiality agreement by clicking the button below.

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Theo Pettaras Headshot

Theo Pettaras

Business Broker

NSW

+61 298 991 999

61 405 102 102

[email protected]

For reasons of confidentiality a stock photo image may be used to represent the business for sale.

*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.

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