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DealProspect/Listings/Hospitality & Tourism

Licensed Italian Pizza Restaurant, Canberra

Restaurant

ActiveHospitality & TourismAustralian Capital TerritoryB2C
Asking price
$350,000
Disclosed · AUD
Revenue (est.)
~$881,706
Estimated · comparable listings of this type and size
Profit
$181,896
Implied multiple
1.9×
asking / earnings
Brief
  • Long-established licensed pizza restaurant in Canberra's Inner South, available for the first time in over 20 years
  • Traditional Italian woodfired pizza and Mediterranean menu with indoor and alfresco dining
  • Operates 5 evenings a week with extended closures over Christmas, Easter and public holidays
  • Secured by a brand-new long-term lease at an affordable rent
  • Strong, loyal local customer base with room to expand into breakfast, lunch and delivery
  • Owners retiring after two decades of successful trading