Italian Pizza & Pasta Restaurant, City of Port Phillip

Italian Pizza & Pasta Restaurant, City of Port Phillip — Hospitality & Tourism · Victoria · Asking $349,000 · Revenue $1,120,000 · SDE $234,000

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…

DealProspect/Listings/Hospitality & Tourism

Italian Pizza & Pasta Restaurant, City of Port Phillip

Restaurant

ActiveHospitality & TourismB2C

Find funding for this deal →View original listing ↗

Asking price

$349,000

Disclosed · AUD

Revenue

$1,120,000

TTM

Earnings

$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

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