Pizza Shop & Licensed Bar, Lower North Shore
Restaurant
ActiveHospitality & TourismNew South WalesB2C
Asking price
~$1,325,000
est. from headline + $125,000 stock · AUD
Revenue
$2,350,000
TTM
Profit
$500,000
Implied multiple (assumed)
~2.6×
Assumed · headline + $125,000 stock
Brief
- Two complementary businesses, a pizza shop and an upscale bar, sharing a single leasehold
- Located in a busy commercial precinct on Sydney's Lower North Shore next to a train station
- Long-term lease secured, approx. 5+ years in place for both shops with renewal possible
- 90 sqm shop with plant and equipment valued at $300,000
- Licensed alfresco dining with a 40 sqm common area approved for outdoor wine and dining
- No direct competition within a 5km radius
- Italian restaurant serving pizza, pasta and bar food plus a licensed bar with wine, cocktails and live music
- Each venue has operated for approximately four years
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