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DealProspect/Listings/Food & Beverage

Licensed Suburban Pizza Restaurant, Canberra

Restaurant

ActiveFood & BeverageAustralian Capital TerritoryB2C
Asking price
$350,000
Disclosed · AUD
Revenue (est.)
~$895,598
Estimated · comparable listings of this type and size
Profit
$181,896
Implied multiple
1.9×
asking / earnings

Brief

  • Tightly held suburban pizza restaurant institution in a desirable, foodie-centric Inner South Canberra shopping strip, available for the first time in over 20 years.
  • Serves traditional Italian woodfired pizza and Mediterranean cuisine with a fully licensed bar, indoor dining and popular alfresco seating.
  • Operates just five evenings a week (Wednesday to Sunday), with extended closures over Christmas, Easter and public holidays.
  • Brand-new long-term lease locked in at an affordable rent, with scope to add breakfast and lunch trade or delivery.