08 8361 3074

City fringe restaurant and bar

$249,000 + SAV ($10,000 approx.)

Business Description

Built around delivering an authentic Italian dining experience, this restaurant has a strong focus on traditional regional cuisine including house-made pasta, risotto, polenta-based dishes and seafood-driven preparations reflecting coastal influences.

The concept is centred on a casual yet refined Italian dining style, operating lunch and dinner services across 5 days per week, managed by one full-time working owner, and supported by a team of 13 staff.

The venue combines heritage character with a modern fit-out, allowing for both casual bar-style dining and seated restaurant service. It also offers functions and private dining capability, with seating for approximately 64 inside and a further 24 outside, operating under a liquor licence for up to 150 patrons. Infrastructure includes a grease trap, onsite accessible amenities, a private driveway providing parking access, and commercial-grade coffee equipment supporting café-style service alongside the restaurant offering.

The business is currently achieving sales of approximately $25,000 per week and is structured to accommodate both dine-in restaurant trade and more casual service models. Its position provides strong visibility and accessibility, while the indoor-outdoor layout supports trading across different service styles and seasonal conditions.

The combination of steady weekly turnover, a premium location, and a modern fit-out positions the business for continued operation under a range of hospitality models without the need for major setup or redevelopment.

At a Glance

  • Stunning modern fit-out
  • Ideally located
  • Seats 64 inside, 24 outside
  • Licensed for 150 people
  • Weekly sales of ~$25,000

Tony Iasiello 0412 217 608


Extended Price Information

Goodwill including Plant & Equipment $249,000
Stock at valuation (approx) $10,000
$259,000

Staff Summary

The business employs 13 staff, made up of 2 full time, and 11 casual employees

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