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Iconic Pizza & Pasta Restaurant / 6 Nights Per Week

$320,000 + SAV Gold CoastListing: #GC00093

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$320,000 + SAV

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Gold Coast businesses for sale 


Food/Hospitality businesses for sale
Restaurant businesses for sale, Gold Coast

About this business for sale

Iconic Pizza & Pasta Restaurant / 6 Nights Per Week

2018 Net Profit $168,000

* Fully licensed Pizzeria and Pasta Bar with very busy takeaway section
* Consistent sales of $20k - $25k per week
* Extremely well established and situated in prime location at northern end of the Gold Coast. High concentration of residential homes in surrounding area
* Popular dining destination for local families – this business does not rely on tourist trade
* Seats 100+ patrons and is booked solidly throughout the week and at maximum capacity on weekends
* Trades 6 nights per week from 5:00pm to 9:30pm
* Huge opportunity to increase sales with longer trading hours and delivery service
* Excellent lease with 10 years remaining. Rent is under $1000 per week
* Would suit owner/operator looking to work 35 - 40 hours per week
* Loyal and longstanding staff in place
* Quality fittings with first-class equipment
* Excellent systems and procedures in place
* Owner is negotiable on price

Asking price: $320,000 + SAV ($8k approx.)

A Confidentiality Agreement needs to be completed before further information can be disclosed, please complete an online confidentiality agreement at and click on the ENQUIRE NOW button

For full details contact Myron Plumb

Gold Coast
+61 7 5572 2122
+61 415 303 370

Myron Plumb

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*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.