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Iconic Pizzeria For Sale – Steps away from the Gabba Stadium

Description

On the market for the very first time is this iconic pizzeria, a restaurant with an exceptional reputation and enviable location only steps away from Brisbane’s iconic Gabba stadium, home to many great sporting events and the 2032 Summer Olympics.

Located within a busy residential and commercial zone, in a rapidly growing area there is no shortage of passing trade throughout the day and evening with great street frontage, on street visitor parking plus designated owner parking.

The business is housed in a sleek, modern, and architecturally designed building with an indoor floor size of approximately 159 square metres and a seating capacity of up to 60 people.

The interior incorporates a $400k high-end fitout providing customers with a stylish setting that seamlessly maintains a relaxed atmosphere throughout. In addition to the dining area there is and a stunning marble bar with ample space to cater for customer overflow.

Having grown a loyal community following for its relaxed dine-in and takeaway experience the business has maintained a steady income and profit growth throughout covid.

Customers thrive on the electronic rotating menu board of specials such as pizzas, arancini, gourmet rolls, spiced fried corn, fried chicken, beer, and cocktails. The menu is linked to seasonally changing ingredients so patrons can enjoy the ever-changing choice of food items where each dish stands alone.

The owners established the business 5 years ago and have worked within the hospitality industry for 20+ so are now seeking a career change, however they are willing to be a part of a phased handover and/or provide consulting services if required for an agreed period.

The sale price includes the brand and trading name, $135k worth of supporting equipment and assets, website and social media assets, 1000+ email distribution list, plus all recipes, future function bookings and supplier contacts.

There are 3.5 years remaining on the current lease as well as 2 x 3-year renewal options. The landlord is highly sought after within the area and is fully supportive of the business.

In addition, well-honed tech, safety and operational procedures are all in place plus an experienced team of staff throughout the kitchen, front of house and bar, so you can simply owner/manage if that is your desire.

All aspects of the sale are negotiable and flexible to the buyer’s needs.

* Please note that generic listing images are used for advertising purpose only and do not represent the actual business.

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Note to buyers: This business is being sold by the owner with our support from GSE through our Six Steps to Sale Program this means that you will be dealing directly with the seller. 

GSE will send out information about the business for you and if you wish to view the business this will be arranged directly with the seller.

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