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Restaurant business for sale in Woolloongabba

  • Restaurant
  • Woolloongabba QLD 4102
  • $220,000 plus SAV

Inner City Licensed Pizza Joint - High Growth Suburb

A hidden gem in the inner city, this trendy pizza joint serves up handmade, hand-stretched pizzas that blend the best of Classic New York and Neapolitan styles. Known as a "new school" pizza spot, it offers a fresh twist on traditionĂ¢l light on the Italian throwback, heavy on the hip-hop vibe.

The menu features classic thin-crust pizzas, a selection of pastas, tasty sides, and a curated drink list, all in a cozy, green laneway setting.

With a brand-new 5-year lease and one of Brisbane's best landlords, this business is an excellent opportunity for an owner-operator ready to build on an already strong foundation. Located in a rapidly developing inner-city suburb surrounded by both residential and commercial growth, the future looks bright.

Currently averaging $15,000 to $18,000 in weekly sales, there's potential to boost revenue by expanding the menu and adding lunch service. This well-established brand has been a local favorite for 7 years.

While the current owners are sad to part ways due to other commitments, this is a golden opportunity for someone ready to take it to the next level.

Lease Details
A new 5 year lease on offer, rent $45,000 per year with 3% rent reviews.

Premises Details
Approx. 94 square metres. Central Toilet, Full commercial kitchen and Outdoor seating area.

Staff Details
One full time manager and up to 6 casuals.

Opening Hours
Monday to Saturday 5pm to 9pm, Sunday 3pm to 8pm.

Opportunity
Extend the trading hours and operate as a restaurant during the lunch trade.
The menu is tight, which is a good thing, however there is an opportunity to play with the menu a little and possibly extend the offering.

**Weekly**
Sales $13,160
Rent $846

Business Highlights

Business ID2019479084
Floor AreaAsk Business Broker
Category
Last updated  13 Sep 2024
Map for Woolloongabba QLD 4102
Map for Woolloongabba QLD 4102Woolloongabba QLD 4102
Inspections
Documents

Business Highlights

Business ID2019479084
Floor AreaAsk Business Broker
Category
Last updated  13 Sep 2024

Listed by

Joe Antonini
GSE Hospitality Brokers
Call
0431 262 167

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