Neighbourhood Pizza Restaurant for Sale in Paddington

Well established restaurant for sale occupying a well known, historical location in Paddington. The business runs with an experienced team of 6 (3x FOH + 3x Kitchen) and 1x owner operator. Profitable business with monthly sales in excess of $45,000, low rent and operating expenses. Trading hours are limited to only 5 days a week from 5.30pm to 9.30pm and later on Saturdays.

Highlights

– Base rent of only $39,262 (Comm. 2020) CPI: 2%; 

– Yearly revenue of $450,000+ incl. GST

– Operating Tuesday to Saturday from 5.30pm to 9.30pm

– Great corner location with approx. 60 seats between inside and outside

– All equipment is owned unencumbered and included for sale

Priced at $239,000 + SAV. Enquire now to discover more about this opportunity and receive a full information memorandum.

Business Broker: Matteo Melis 
Ref: BR01398
Mobile: +61 433 719 112
Email: matteo.melis@linkbusiness.com.au

LINK Business Brokers Brisbane
7/63 Annerley Rd, Woolloongabba QLD 4102
Ph: (07) 3831 2300