Australia Overview
Financial Performance
Business Operations & Assets
Business Details
Reason For Sale
Description
Positioned along a busy main road in a popular shopping strip, this much-loved local restaurant has built a strong presence in the area, serving traditional Italian favourites including pizza, pasta and parmas.
With a fully equipped commercial kitchen, seating for 50 and established takeaway and delivery operations, the business offers an excellent foundation for an incoming owner to continue its longstanding success while exploring further growth opportunities.
Key Features:
Established in 1986 – over 40 years of history!
Taking approximately $8,000 per week
High-profile Newport location with excellent main road exposure
Seating for 50 customers indoors
Fully equipped commercial kitchen with equipment valued at approximately $70,000
Affordable rent of $3,769 per month including GST
Trading just 6 evenings per week – closed Tuesdays
Experienced team of 6 casual staff supporting the working owners
Established dine-in, takeaway and delivery operations
Opportunity to expand trading hours and further develop the business
Currently operated by a full-time owner with part-time assistance from their partner, this restaurant presents an appealing opportunity for a hands-on operator, family partnership or experienced hospitality buyer.
With over four decades of history, an established local presence and everything in place to continue trading, this is an opportunity to put your own stamp on a longstanding Newport favourite!
For further information and to arrange an inspection, please contact Chris Panagiotidis on 0433 582 533 or chris@absolutebb.com.au.
Ref: B15156
AI Business Analysis
Get AI-assisted insights into this business’s strengths, risks, key questions, and due diligence points.
Understand this opportunity more quickly
Review the key strengths, financial considerations, risks and due diligence points identified from the listing.
Submit Enquiry
Introduce yourself and explain what you would like to know about this opportunity.
Listing information is provided by the listing provider or their representatives and has not been independently verified by our platform. Users should verify all information and conduct their own due diligence before making any decision, payment or commitment.
All communications, agreements, transactions, disputes and claims are solely between the relevant parties.
Learn how to avoid scams