An exceptional opportunity to purchase this iconic Fitzroy Restaurant offered for the first time in over 20 years.
Founded in 2003 in Fitzroy, this Melbourne institution has earned a stellar reputation for their culinary excellence, specialising in traditional wood-fired pizzas and authentic Italian cuisine. Fully licensed until 1am and perfectly positioned in a central location with great street exposure, this iconic Restaurant attracts a diverse customer base seeking a premium Italian dining experience.
Renowned for their delicious wood-fired pizzas, this venue enjoys strong pizza sales of between 50-75%, both dine in and take-away. From an operational point of view, we all know that there's PLENTY OF DOUGH IN PIZZA$
KEY FEATURES INCLUDE:
- Secure 20+ years of trading history (same owner)
- Iconic and renowned institution
- 6 days trading short hours (lunches only on weekends)
- Sales in excess of 1.1 million
- Fully licensed until 1am (Sunday 11pm)
- Seats 70 inside and 25 outside
- Rent $1,730.75 + GST per week
- Quality commercial kitchen with wood-fired oven
- Restaurant run 'under Management'
- Suit astute investors or savvy owner/operators
- Profitable business
Content with the financial returns for over 20 years, there are so many more growth opportunities the Vendors haven't explored. But the time has come to hand the reigns over to a new owner who will not only be proud to acquire this iconic business, but one who will take it to the next level and continue with the legacy of this institution.
For further information, please contact Grita Angelucci.
