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DealProspect/Listings/Hospitality & Tourism

Italian Pizza & Pasta Restaurant, City of Port Phillip

Restaurant

ActiveHospitality & TourismB2C
Asking price
$349,000
Disclosed · AUD
Revenue
$1,120,000
TTM
Net Profit
$234,000
Implied multiple
1.5×
asking / earnings
Brief
  • Local favourite Italian restaurant with takeaway
  • Serves Neapolitan-style pizzas, pasta and a curated wine selection
  • Operates six days a week with a loyal customer base
  • Located along the main street with foot traffic, near a park, transport and beach
  • 4.3 Google rating
  • Seating for 65 indoors over two levels and 15 outdoors
  • Upstairs private bar and dining area suitable for functions and events
  • Full commercial kitchen with brand-new ovens, fridges and freezers
  • Growth potential by extending hours and adding a second pizza maker